Find the C.I. on a sum of Rs.10000 for 6 months at 20% per annum, interest being compounded halfyearly?
Select the correct option:
A) 3010 B) 2010 C) 1000 D) 3100 E) 2100
1000.I.= 10000(11/10)^1-10000   = 1000   Answer: 1000
<result>C</result>
Find the C.I. on a sum of Rs.10000 for 6 months at 20% per annum, interest being compounded halfyearly?