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Ganesh makes a fixed deposit of Rs. 40,0...

Ganesh makes a fixed deposit of Rs. 40,000 in a bank for a year at `20%` per annum simple interest. Haish makes a fixed deposit of an equal sum for the same period and at the same rate of interest, interest being compounded half-yearly. Find the difference between maturity values of investment of Harish and Ganesh. (in Rs.)

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