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| 1. |
What is the difference between the compound interest, when interest is compounded 5-monthly, and the simple interest on a sum of Rs. 12,000 for 1(1/4) years at 12% per annum? |
| A. | Rs. 90 |
| B. | Rs. 93 |
| C. | Rs. 92.50 |
| D. | Rs. 91.50 |
| Answer» E. | |