- A1600
- B1640
- C1680
- D820
Step-by-Step Solution
Half-yearly: rate 5% per half-year for 2 periods. Amount = = ₹17640, so CI = ₹1640.
Answer: B) 1640
A sum of ₹16000 is lent at 10% per annum, compounded half-yearly. What is the compound interest for 1 year (in ₹)?
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