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  9. Q325

RPF Sub-Inspector (Executive) 2024 · Question 325 of 640

A bank offers 9.2% compound interest per annum calculated on a half-yearly basis. A customer deposits ₹2907 each on 1 January and 1 July of a year. At the end of the year, the amount he would have gained by way of interest is ________. [Give your answer correct to 2 decimal places.]

  1. A₹395.33
  2. B₹417.31
  3. C₹407.31Correct
  4. D₹399.22

Answer: C. ₹407.31

Official answer key verified. Detailed explanation coming soon.

Source: RPF SI 2024 Question Paper All Shifts (English) — official response sheet via aglasem (green-tick correct answers) · official-answer-key

← Q324View full paper (640 questions)Q326 →

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