Mathematics · Compound Interest
The difference between the compound interest, compounded yearly, on a certain sum for 1 year at 16% p.a. and the compound interest on the same sum at the same rate and same period, compounded half-yearly, is ₹136. The sum (in ₹) is:
- 121,200
- 221,350
- 321,150
- 421,250✓
Correct answer
21,250
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