If the rate of compound interest is 20% per annum, compounded half-yearly, then what will be the interest on a principal of Rs. 1,00,000 for two years?

If the rate of compound interest is 20% per annum, compounded half-yea

1.	If the rate of compound interest is 20% per annum, compounded half-yearly, then what will be the interest on a principal of Rs. 1,00,000 for two years?
A.	Rs. 33,100
B.	Rs. 21,000
C.	Rs. 46,410
D.	Rs. 44,000
Answer» D. Rs. 44,000

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If the rate of compound interest is 20% per annum, compounded half-yearly, then what will be the interest on a principal of Rs. 1,00,000 for two years?

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