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If interest is being compounded half yearly. then what sum will amount to Rs. 51840 in 2 years at the rate of 40 percent per annum on compound interes
Question

If interest is being compounded half yearly. then what sum will amount to Rs. 51840 in 2 years at the rate of 40 percent per annum on compound interest?

A.

Rs. 25000

B.

Rs. 15000

C.

Rs. 30000

D.

Rs. 20000

Correct option is A

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