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Jagdish Yadav

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· 1 Months ago

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Question:

The difference between the compound and the simple interest on a sum for 2 years at 10% per annum, while the interest is compounded annually, is Rs.28. If the yearly interest was compounded half-yearly, the difference in the two interests will be –

Options:
A)

Rs.44

B)

Rs.28.35

C)

Rs.43.41

D)

Rs.43.29

Solution:

Ans: (c)

  

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