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The sum of money which when given on com...

The sum of money which when given on compound interest at `18%` per annum would fetch `Rs.960` more when the interest is payable half yearly than when it was payable annually for 2 years is :

A

`Rs. 60,000`

B

`Rs. 30,000 `

C

`Rs. 40,000 `

D

`Rs. 50,000`

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The correct Answer is:
D
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