Ram invested a particular sum of money at 12% per annum with one of hi – McqOptions

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1.	Ram invested a particular sum of money at 12% per annum with one of his friends Shyam. The same amount is invested in a bank at 12% p.a. interest compounded semi - annually. The difference between the amounts received after one year was Rs. 1800. Find the total sum invested by Ram.
A.	850000
B.	1000000
C.	975000
D.	1200000
Answer» C. 975000

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