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      Question

      What is the difference between the compound interest,

      when interest is compounded 5-monthly, and the simple interest on a sum of ₹12,000 for 1(1/4) years at 12% per annum?
      A ₹92.50 Correct Answer Incorrect Answer
      B ₹93 Correct Answer Incorrect Answer
      C ₹91.50 Correct Answer Incorrect Answer
      D ₹90 Correct Answer Incorrect Answer

      Solution

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