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1. |
A sum of money is invested at 20% compound interest (compounded annually). It would fetch Rs. 723 more in two years if interest is compounded half-yearly. The sum is |
A. | Rs. 15,000 |
B. | Rs. 30,000 |
C. | Rs. 20,000 |
D. | Rs. 7,500 |
Answer» C. Rs. 20,000 | |