engineering recuitment DRDO Technician A 2022 Mock Test Series (Tier I) Quantitative Aptitude Interest Compound Interest
What will be the compound interest on a sum of ₹ 15,000 at the interest rate of 8% per annum in one year, interest compounded semi-annually?
1
₹ 6,224
2
₹ 1,200
3
₹ 1,224
4
₹ 16,224