state gov OSSSC Junior Assistant & Panchayat Executive Officer Mock Test 2023 Quantitative Aptitude Interest Compound Interest
A person borrowed a sum of Rs. 8,000 at the rate of 10% p.a. compounded semi-annually. The compound interest for a period of one year is:
1
Rs. 820
2
Rs. 800
3
Rs. 1,600
4
Rs. 1,680