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      Question

      A sum of money is invested at 20% compound interest

      (compounded annually). It would fetch Rs. 723 more if interest is compounded half-yearly. The sum is
      A Rs.15,000 Correct Answer Incorrect Answer
      B Rs.30,000 Correct Answer Incorrect Answer
      C Rs.20,000 Correct Answer Incorrect Answer
      D Rs.7,500 Correct Answer Incorrect Answer

      Solution

      The correct answer is B

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