Question

Raj and Simran each invested a sum of ₹10,000 for three years at 25% compound interest per annum. However, while for Raj the interest was compounded annually, for Simran it was compounded every six months. How much more will Simran receive as interest compared to Raj at the end of the three years?

A ₹456
B ₹468
C ₹482
D ₹495
Practice Next

Hey! Ask a query