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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.

  • 1
    Rs. 30000
  • 2
    Rs. 10000
  • 3
    Rs. 15000
  • 4
    Rs. 25000
  • 5
    Rs. 20000
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Answer : 5. "Rs. 20000"

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