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What is the difference between the compo...

What is the difference between the compound interset , when interst is compounded 5-monthly , and the simple interset on a sum of Rs 12,000 for `1(1)/(4)` years at 12% per annum ?

A

Rs. 90

B

Rs. 91.50

C

Rs. 93

D

Rs. 92.50

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The correct Answer is:
B
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