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A bank offers 10% compound interest per half year. A customer deposits Rs. 3600 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by way of interest is.

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A bank offers 10% compound interest per half year. A customer deposits Rs. 3600 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by way of interest is.
1). Rs 1116
2). Rs 2232
3). Rs 558
4). Rs 279

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Answered by on | Votes 0 |
Right Answer for this question is Rs 1116

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