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Q:

What is a difference between simple interest and compound interest in 1 year at a rate of 10 percent on an amount of Rs. 1200. If interest is half yearly compounded?

  • 1
    5 Rupees
  • 2
    6 Rupees
  • 3
    3 Rupees
  • 4
    9 Rupees
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Answer : 3. "3 Rupees"

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