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A bank offers 20% compound interest per half year. A customer deposits Rs 7600 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained from interest is

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A bank offers 20% compound interest per half year. A customer deposits Rs 7600 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained from interest is
1). Rs 9727
2). Rs 2432
3). Rs 4864
4). Rs 1216

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3 vote
Answered by on | Votes 3 |
Option option 3 is the correct answer

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