SSC SSC GD Constable 2025 Mock Test Series Quantitative Aptitude Interest Compound Interest

A sum of Rs. 10,000 is invested at the rate of 8% per year for 12 months. What is Compound interest if interest is compounded half-yearly?

1
Rs. 800
2
Rs. 816
3
Rs. 960
4
Rs. 1060
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