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A man borrows Rs. 32,445 at compound interest and pays back it in three equal, half-yearly installments. If the rate of interest is % per annum, compounded half-yearly, then what is the total interest paid?
Correct Answer: (b)
Official keyThis question appeared in the GPSC Prelims 2023 examination (GS). It is Question 189 out of 200 questions in this paper.
This question was part of the GPSC Prelims 2023 (GS). The GPSC Prelims examination tests candidates on general studies, current affairs, and aptitude through multiple-choice questions.
Practice previous year questions from all GPSC Prelims papers and compare patterns with UPSC Prelims PYQ to identify overlapping topics.