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A man invested Rs. 80000 in a bond which gives 10% p.a interest compounded half yearly. If the annual rate of interest is increased by 20% at the end of every half year. What will be the interest earned (in Rs.) for one and a half years?Correct answer is '40750'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about A man invested Rs. 80000 in a bond which gives 10% p.a interest compounded half yearly. If the annual rate of interest is increased by 20% at the end of every half year. What will be the interest earned (in Rs.) for one and a half years?Correct answer is '40750'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A man invested Rs. 80000 in a bond which gives 10% p.a interest compounded half yearly. If the annual rate of interest is increased by 20% at the end of every half year. What will be the interest earned (in Rs.) for one and a half years?Correct answer is '40750'. Can you explain this answer?.

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