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A sum of Rs. 15000 is lent at compound I...

A sum of `Rs. 15000` is lent at compound Interest (compounded annually) at an interest rate of `20%` per annum. If the interest is compounded half yearly, then how much more interest in Rs.) will be obtained in one year?

A

225

B

150

C

75

D

300

Text Solution

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The correct Answer is:
A
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