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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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