MCQOPTIONS
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| 1. |
Mr. Duggal invested Rs. 20000 with rate of interest @ 20 p.c.p.a. The interest was compounded half - yearly for first one year ans in the next year it was compounded yearly. What will be the total interest earned at the end of 2 year ? |
| A. | Rs. 8040 |
| B. | Rs. 8800 |
| C. | Rs. 9040 |
| D. | Rs. 9800 |
| Answer» B. Rs. 8800 | |