Mathematics · Interest
The simple interest on a sum deposited at 10% p.a. for 4 years is Rs. 20,000. What will be the compound interest on the same sum at half of the above rate of interest for 2 years, interest compounded yearly?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 5,015
- 2Rs. 5,020
- 3Rs. 5,125✓
- 4Rs. 5,010
Correct answer
Rs. 5,125
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