Mathematics · Compound Interest
Find the difference between the compound interest and simple interest on Rs. 2000 for one year at 6% per annum, if the compound interest is compounded half-yearly.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 1.60
- 2Rs. 1.80✓
- 3Rs. 1.50
- 4Rs. 1.20
Correct answer
Rs. 1.80
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