Mathematics · Compound Interest
The difference between simple interest and compound interest on ₹ 1200 for one year at 10% per annum compounded half yearly is:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹ 6
- 2₹ 5
- 3₹ 4
- 4₹ 3✓
Correct answer
₹ 3
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