engineering recuitment OSSC Combined Technical Services (ଓଡିଶା) Mock Test 2023-24 Quantitative Aptitude Interest Compound Interest
A person deposited Rs. 8,000 in a term deposit for 1 and a half year, which gives half yearly compounded interest at a rate of 10% per annum. The compound interest will be:
1
Rs. 1,020.00
2
Rs. 1,261.00
3
Rs. 1,250.00
4
Rs. 1,040.00