insurence exam ESIC MTS Mock Test 2022 Quantitative Aptitude Interest Compound Interest

Calculate the interest, compounded half-yearly at the rate of 20% for 2 years on principal amount is Rs. 40000.

1
Rs. 5000.25
2
Rs. 18564
3
Rs. 25645
4
Rs. 6570
5
Rs. 7656.25
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