The difference between the compound and the simple interest on a sum f – McqOptions

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1.	The difference between the compound and the simple interest on a sum for 2 years at 10 % per annum , when the interest is compounded annually, is Rs.28. If the yearly interest were compounded half yearly, the difference in the two interests will be
A.	Rs. 43.41
B.	Rs. 43.29
C.	Rs. 44
D.	Rs. 28.35
Answer» B. Rs. 43.29

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