How much more would Rs 20,000 fetch, after two years, if it is put at 20% p.a. compound interest payable half yearly than if it is put at 20% p.a. compound interest payable yearly? Options: A . &nbspRs 424 B . &nbspRs 482 C . &nbspRs 524 D . &nbspRs 582

How much more would Rs 20,000 fetch, after two years, if it is put at 20% p.a

Question

How much more would Rs 20,000 fetch, after two years, if it is put at 20% p.a. compound interest payable half yearly than if it is put at 20% p.a. compound interest payable yearly?

Options:

A . Rs 424

B . Rs 482

C . Rs 524

D . Rs 582

Answer: Option B

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