Mathematics · Compound Interest
What is the difference between simple interest and compound interest on Rs. 10,000 for two years at 20% per annum compounded half-yearly?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 842
- 2Rs. 756
- 3Rs. 641✓
- 4Rs. 542
Correct answer
Rs. 641
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