#compoundinterest #ssc #sscchsl
A sum of money is invested at 20% compound interest (compounded annually). It would fetch Rs. 723 more in 2 years if interest is compounded half yearly. The sum is (1) Rs.15,000 (2) Rs.30,000 (3) Rs.20,000 (4) Rs.7,500 (SSC CGL Tier-II (CBE) Exam. 30.11.2016
#compoundinterest #ssc #sscchsl
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