Arithmeticmedium · Past Paper
What will be the compound interest on Rs 5000 for 1 year at 8% per annum compounded semi-annually?
ARs 400
BRs 408
CRs 416
DRs 420
✓ Correct Answer: B — Rs 408
Semi-annual: R=4%, T=2 periods. A = 5000(1.04)^2 = 5000(1.0816) = 5408. CI = 408.
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