railway RRB NTPC Mock Test Series 2024-25 (CBT 1 + CBT 2) Quantitative Aptitude Interest Simple and Compound Both
A sum of ₹50,000 is invested at 10% per annum and compounded half yearly for 18 months. What is the percentage gain on the investment at the end of 18 months correct to one decimal place?
1
16.2%
2
15.8%
3
16.4%
4
16.8%