railway RRB NTPC Mock Test Series 2024-25 (CBT 1 + CBT 2) Quantitative Aptitude Interest Compound Interest
Ravi invested ₹8,000 at 20% per annum for 6 months. If the interest is compounded half yearly, what is the compound interest?
1
Rs. 700
2
Rs. 750
3
Rs. 850
4
Rs. 800