Mathematics · Compound Interest
The difference between the compound interest (compounding half-yearly) for 1 year and the simple interest for 1 year on a certain sum lent out at the annual rate of 50 percent is Rs. 1250. What is the sum?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 30000
- 2Rs. 27000
- 3Rs. 25000
- 4Rs. 20000✓
Correct answer
Rs. 20000
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