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An amount was lent for one year at the r...

An amount was lent for one year at the rate of `10%` per annum compounding annually had the compounding been done half yearly, the interest would have increased by `Rs. 80`. What was the amount (in Rs.) lent?

A

16000

B

32000

C

48000

D

64000

Text Solution

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The correct Answer is:
B, C
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