Examveda
Examveda

The difference between the compound interest on a sum of Rs. 8,000 for 1 year at the rate of 10% per annum, interest compounded yearly and half yearly is:

A. Rs. 20

B. Rs. 40

C. Rs. 30

D. Rs. 10

Answer: Option A


This Question Belongs to Arithmetic Ability >> Compound Interest

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