Use some thinking to answer the following question. How much more would Rs.10000 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?
Options:
(A) 241
(B) 725
(C) 992
(D) 837
(E) 923
user
10000(11/10)4 - 10000(6/5)2 = 241 So the final answer is (A).
assistant