1.

The difference in compound interest on a certain sum at 10% p.a. for one year, when the interest is compounded half-yearly and yearly, is Rs. 88.80. What is the simple interest on the same sum for \(1\frac{2}{3}\) years at the same rate?

A. Rs. 5,986
B. Rs. 5,980
C. Rs. 5,920
D. Rs. 5,916
Answer» D. Rs. 5,916


Discussion

No Comment Found