Teaching Bihar Sakshamta Pariksha (Niyojit Shikshak) Mock Test 2024 Quantitative Aptitude Interest Compound Interest
What will be the compound interest on Rs. 16000 at 10% per annum for 1 year if the interest is payable half yearly?
1
Rs. 1600
2
Rs. 1640
3
Rs. 1700
4
Rs. 1740