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Q:

The difference between the compound and the simple interest on a sum for 2 years at 10 % per annum , when the interest is compounded annually, is Rs.28. If the yearly interest were compounded half yearly, the difference in the two interests will be 

  • 1
    Rs. 43.41
  • 2
    Rs. 43.29
  • 3
    Rs. 44
  • 4
    Rs. 28.35
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Answer : 1. "Rs. 43.41 "

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