Mathematics · Interest
The positive difference between the interests payable when a sum is invested for a year at the rate of 10% interest per annum compounded annually, and the same sum being invested for a year at the rate of 10% interest per annum compounded half-yearly, is Rs. 40. Find the sum invested.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Rs. 1,60,000
- 2Rs. 1,600
- 3Rs. 16,000✓
- 4Rs. 6,400
Correct answer
Rs. 16,000
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Mathematics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Interest MCQs →Want more practice questions on Interest?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Interest