A sum of money lent at compound interest for 2 years at 20% per annum – McqOptions

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1.	A sum of money lent at compound interest for 2 years at 20% per annum would fetch Rs.482 more, if the interest was payable half yearly than if it was payable annually . The sum is
A.	10000
B.	20000
C.	40000
D.	50000
Answer» C. 40000

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