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A bank offers 20% compound interest per half year. A customer deposits Rs 2800 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 20% compound interest per half year. A customer deposits Rs 2800 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 3584
2). Rs 896
3). Rs 1792
4). Rs 448

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2 vote
Answered by on | Votes 2 |
I think option 3 is the right answer

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