Find the ratio of the compound interest compounded half-yearly to the compound interest compounded annually on ₹10,000 for 1 year at 8%.

Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM

Options

1. (A) 61 : 52
2. (B) 53 : 45
3. (C) 51 : 50
4. (D) 62 : 49

Verified Answer

Option (C): 51 : 50

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