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Find the compound interest on Rs. 8,000 for 1 1/2 years at 10% per annum if interest is being calculated half yearly:

A1200

B1220

C1241

D1261

Answer:

D. 1261


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What will be the difference between the compound interest (interest is compounded annually) and simple interest on a sum of Rs. 6400 at the rate of 10% per annum for 2 years?
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