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If a sum of Rs. 12500 is invested for 1 ...

If a sum of Rs. 12500 is invested for 1 year at 12% per annum interest being compounded semi annually, then interest earned is

A

Rs. 1505

B

Rs. 1535

C

Rs. 1545

D

Rs. 1550

Text Solution

Verified by Experts

The correct Answer is:
C
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