MCQOPTIONS
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| 1. |
The compound interest on a certain sum for 1 year at 8% p.a., interest compounded half - yearly is Rs. 652.80. What will be the simple interest on the same sum for \(2 \frac{1}{2}\) years at the same rate of interest ? |
| A. | Rs. 1,680 |
| B. | Rs. 1,720 |
| C. | Rs. 1,740 |
| D. | Rs. 1,600 |
| Answer» E. | |