How much more would Rs.20000 fetch, after two years, if it is put at 20% p.a. compound interest payable half yearly than if is put at 20% p.a. compound interest payable yearly?
Pick one
A) A)Rs.6,602.50
B) B)Rs.6,601.50
C) C)Rs.6,603.50
D) D)Rs.6,604.50
E) E)Rs.6,605.50
20000(11/10)4 - 20000(6/5)2 = 6,602.50   Rs.6,602.50NSWER:Rs.6,602.50
<result>A</result>
How much more would Rs.20000 fetch, after two years, if it is put at 20% p.a. compound interest payable half yearly than if is put at 20% p.a. compound interest payable yearly?