On a certain sum of money lent out at 16...

On a certain sum of money lent out at `16%` p.a. the difference between the compound interest for 1 year, payable half yearly, and the simple interest for 1 year is `Rs. 56`. The sum is

A

Rs. 1080

B

Rs. 7805

C

Rs. 8750

D

Rs. 5780

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