A certain sum, invested at 4% per annum compound interest, compounded half yearl

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A certain sum, invested at 4% per annum compound interest, compounded half yearly, amounts to Rs. 7803 at the end of one year. The sum is ?

Options:

A . Rs. 7000

B . Rs. 7200

C . Rs. 7500

D . Rs. 7700

Answer: Option C

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Question 7. The simple interest on a sum of money at 4% per annum for 2 years is Rs 80. The compound interest on the same sum for th....the same sum for the same period is = ?

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