SSC Supreme Court Junior Court Assistant Mock Test Series 2025 Quantitative Aptitude Interest Compound Interest
Mrs. Gupta invested a sum of ₹50,000 in fixed deposit for 1 year at the rate of 8% per annum compound interest compounded semi-annually. What amount will she get on maturity of the fixed deposit?
1
₹58,000
2
₹54,000
3
₹54,080
4
₹50,416