Mathematics · Compound Interest
The difference between the compound interests on a certain sum for 112 years at a rate of 20% p.a. is Rs. 1,716 when the interest is compounded half-yearly and compounded annually. The sum (in Rs.) is:
- 11,56,000✓
- 22,14,500
- 31,43,000
- 41,32,000
Correct answer
1,56,000
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