If a sum of Rs.12500 is invested for 1 year at 12% per annum interest – McqOptions

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1.	If a sum of Rs.12500 is invested for 1 year at 12% per annum interest being compounded semiÂ-annually, then interest earned is
A.	Rs.1505
B.	Rs.1535
C.	Rs.1545
D.	Rs.1550
Answer» D. Rs.1550

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