What is the compound interest (in Rs) for 1 year on a sum of Rs 20000 – McqOptions

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1.	What is the compound interest (in Rs) for 1 year on a sum of Rs 20000 at the rate of 40% per annum compounding half yearly?
A.	8000
B.	8650
C.	8750
D.	8800
Answer» E.

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