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Rs 10000 is kept at compound interest at...

Rs 10000 is kept at compound interest at an interest rate of 18% per annum (compounding annually). If the compounding of interest is done half yearly, then how much more interest (in Rs) will be obtained?

A

243

B

324

C

81

D

162

Text Solution

Verified by Experts

The correct Answer is:
C
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