Mathematics · Arithmetic
What is the difference between the compound interest received when a sum of Rs. 12,000 is invested at 20% p.a. for 112 years, if the interest is compounded half-yearly versus if the interest is compounded yearly?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 128
- 2Rs. 132✓
- 3Rs. 135
- 4Rs. 140
Correct answer
Rs. 132
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