An amount was lent for one year at the rate of 10% per annum compounding annually had the compounding been done half yearly, the interest would have increased by 80. What was the amount (in Rs.) lent?

An amount was lent for one year at the rate of 10% per annum compoundi

1.	An amount was lent for one year at the rate of 10% per annum compounding annually had the compounding been done half yearly, the interest would have increased by 80. What was the amount (in Rs.) lent?
A.	16000
B.	32000
C.	48000
D.	64000
Answer» C. 48000

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An amount was lent for one year at the rate of 10% per annum compounding annually had the compounding been done half yearly, the interest would have increased by 80. What was the amount (in Rs.) lent?

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