What is the compound interest (in ₹) on a sum of ₹62,500

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What is the compound interest (in ₹) on a sum of ₹62,500 for 2 years at 12% p.a., if the inerest is compounded 8- monthly?

[SSC CGL 21st April 2022 Shift-2 With Answers]

A

13,428

B

18, 342

C

16,232

D

16,548

...

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