SSC IB Security Assistant & MTS Mock Test Series 2023 Quantitative Aptitude Interest Compound Interest
What will Rs. 40,000 amounts to in 2 years at the rate of 20% p.a., if interest is compounded half-yearly?
1
Rs. 58,564
2
Rs. 17,600
3
Rs. 48,620
4
Rs. 57,600