Question

A bank offers 15% compound interest per half year. A customer deposits Rs 7200 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by means of interest is

A) Rs 6803 B) Rs 850 C) Rs 3402 D) Rs 1701

Answer 1

Answer:

Option C: RS 3402..!

hope this helps