A certain amount of money is lent out at compound interest at the rate of 20% per annum for two years, compounded annually. It would give Rs. 482 more if the amount is compounded half yearly. Find the principal.
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Q:
A certain amount of money is lent out at compound interest at the rate of 20% per annum for two years, compounded annually. It would give Rs. 482 more if the amount is compounded half yearly. Find the principal.
- 1Rs. 30000false
- 2Rs. 10000false
- 3Rs. 15000false
- 4Rs. 25000false
- 5Rs. 20000true
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