21.If Rs 800 is invested for 1 year at the rate of 20% p.a compounded half yearly find the compound interest at the end of 1 year. * 2 points
960
60
968
68
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"Rate of interest per annum = 20%, time = 2 years ⇒ Interest = P(1 + (r2)100)2t - P ⇒ Interest = 1,00,000[(1 + 10100)4 - 1] ⇒ Interest = ...
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968/of Co is the correct answer
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