Question 45
A bank pays compound interest at the rate of 5% per annum, compounding half-yearly.
A customer deposited Rs.1,600 each on 1 January and 1 July of a year. The interest he would get on the sum deposited at the end of the year is:
Create a FREE account and get:
- Free SSC Study Material - 18000 Questions
- 230+ SSC previous papers with solutions PDF
- 100+ SSC Online Tests for Free
Free SSC Topicwise Questions
SSC Data InterpretationSSC GeometrySSC Linear EquationsSSC Number SystemsSSC Quadratic EquationsSSC TrigonometrySSC AgesSSC ArithmeticSSC Reading ComprehensionSSC VocabularySSC AnalogySSC Coding DecodingSSC DirectionsSSC Meaningful OrderSSC Number SeriesSSC PuzzlesSSC SyllogismsSSC Words FormationSSC Venn Diagram
