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.


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