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Q:

A certain sum, invested at 4% per annum compound interest, compounded half yearly, amounts to Rs. 7,803 at the end of one year. The sum is: 

  • 1
    Rs. 7,000
  • 2
    Rs. 7,200
  • 3
    Rs. 7,500
  • 4
    Rs. 7,700
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Answer : 3. "Rs. 7,500"

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