Mathematics for FinancePYQ Jan 21Question 1220 of 422
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A sum of money is lent at C.I. rate $20\%$ p.a. $2$ years. It would fetch $482$ more if the interest is compounded half yearly. The sum is:

Options

A$19,800$
B$19,900$
C$20,000$
D$20,100$
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Correct Answer

Option b$19,900$

All Options:

  • A$19,800$
  • B$19,900$
  • C$20,000$
  • D$20,100$

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