A sum of money is put out at compound interest for 2 years at 20%. It would fetch Rs.482 more if the interest were payable half-yearly, then it were pay able yearly. Find the sum.
A.Rs.4000
B.Rs.1000
C.Rs.1250
D.Rs.2000
Answer:D
A sum of money is put out at compound interest for 2 years at 20%. It would fetch Rs.482 more if the interest were payable half-yearly, then it were pay able yearly. Find the sum.
A.Rs.4000 B.Rs.1000 C.Rs.1250 D.Rs.2000