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Maths Mcqs

What is the difference between the C.I. on Rs. 5000 for 1 1/2 years at 4% per annum compounded yearly and half-yearly?

A. Rs. 2.04Correct Answer
B. Rs. 3.06
C. Rs. 4.80
D. Rs. 8.30
Correct Option: A. Rs. 2.04

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