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Q:

When a amount is given at a compound interest rate of 18% per annum, the interest received on compound annual payable in two years will be Rs 960 more than half yearly interest. What is the amount?

  • 1
    60,000
  • 2
    70,000
  • 3
    55,000
  • 4
    50,000
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Answer : 4. "50,000"

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