A bank offers 20% compound interest per half year. A customer deposits – McqOptions

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1.	A bank offers 20% compound interest per half year. A customer deposits Rs 6000 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by way of interest is
A.	Rs 7680
B.	Rs 3840
C.	Rs 1920
D.	Rs 960
Answer» C. Rs 1920

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