MCQOPTIONS
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| 1. |
The difference between the compound interest and simple interest on a certain sum for 2 years at 10 percent per annum when the interest is compounded annually is Rs. 20. If the interest were compounded half-yearly instead of annully, the difference in two interests best approximated would be: |
| A. | Rs. 29 |
| B. | Rs. 32 |
| C. | Rs. 30 |
| D. | Rs. 31 |
| Answer» E. | |