Join WhatsApp Icon CAT WhatsApp Group
Question 72

Rs. 16,000 was lent for 2 years at the rate of 20% per annum compounded annually. If the interest was compounded half yearly instead of yearly, then interest will be Rs. ‘x’ more. What is the value of ‘x’?

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