A person borrowed a sum of ₹8,000 at an interest rate of 1

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A person borrowed a sum of ₹8,000 at an interest rate of 10% p.a, compounded semi-annually. What is the compound interest for a period of 1 year?

[SSC CHSL 6th June 2022 Shift-3 With Answers]

A

₹820

B

₹1,600

C

₹1,680

D

₹800

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