A sum of money when invested for a year at the rate of 10% interest per annum compounded half-yearly becomes Rs. 44,100 at maturity. The sum invested was _____.

A sum of money when invested for a year at the rate of 10% interest pe

1.	A sum of money when invested for a year at the rate of 10% interest per annum compounded half-yearly becomes Rs. 44,100 at maturity. The sum invested was _____.
A.	Rs. 40000
B.	Rs. 40500
C.	Rs. 39800
D.	Rs. 40250
Answer» B. Rs. 40500

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A sum of money when invested for a year at the rate of 10% interest per annum compounded half-yearly becomes Rs. 44,100 at maturity. The sum invested was _____.

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