Mathematics · Compound Interest
The difference between the compound interest compounded yearly and half-yearly on a certain sum for 2 years at 20% per annum is Rs. 482. Find the principal sum.
- 1Rs. 20,000✓
- 2Rs. 24,000
- 3Rs. 25,000
- 4Rs. 18,000
Correct answer
Rs. 20,000
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