An amount of ₹30,000 is invested at 20% annual interest rate. If interest is compounded annually and half-yearly, find the difference between the amounts received after 2 years.
Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM
Options
- (A) ₹733
- (B) ₹713
- (C) ₹723
- (D) ₹720
Verified Answer
Option (C): ₹723
Practice complete mock tests for SSC, Banking & Railway exams at https://testx.in/questions/01a0bfa5-8a1d-7e5e-9760-4d0bce9370c6/an-amount-of-30000-is-invested