What sum will give 244 as the difference between simple interest and – McqOptions

MCQOPTIONS

1.

What sum will give 244 as the difference between simple interest and compound interest
at 10% in 1 1 years compounded half yearly ?
2

A.

40,000

B.

36,000

C.

32,000

D.

28,000

Answer» D. 28,000

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