Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Quantitative Aptitude Interest Compound Interest
A sum of Rs. 1.0 Lakh is invested for 1 year at an interest rate of 10% per annum compounded half-yearly. The compound interest is
1
Rs 6150
2
Rs 10250
3
Rs 10500
4
Rs 11000