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Q: What will be Compound interest on Rs 2000 at 20% per annum rate for 1 year and 6 months, if interest is compounded on half-yearly basis.

  • 1
    Rs 665
  • 2
    Rs 656
  • 3
    Rs 662
  • 4
    Rs 663
  • 5
    None of these
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Answer : 3. "Rs 662"

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