In a scheme ₹ 200 was invested for one year, which provides 10% annual simple interest. Another ₹ 200 invested for one year in an other scheme, which provides compound interest at 10% semi-annually. How much more will be the interest earned under the second plan?

In a scheme ₹ 200 was invested for one year, which provides 10% annu

1.	In a scheme ₹ 200 was invested for one year, which provides 10% annual simple interest. Another ₹ 200 invested for one year in an other scheme, which provides compound interest at 10% semi-annually. How much more will be the interest earned under the second plan?
A.	50 paise
B.	No difference
C.	25 paise
D.	₹ 1
Answer» B. No difference

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In a scheme ₹ 200 was invested for one year, which provides 10% annual simple interest. Another ₹ 200 invested for one year in an other scheme, which provides compound interest at 10% semi-annually. How much more will be the interest earned under the second plan?

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