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    Question

    The difference between the simple interest for two years

    and the compound interest for one year on a sum of money is Rs.273. In which compound interest is compounded half-yearly. What will be the amount when the annual rate of interest is 10%?
    A 2400 Rs Correct Answer Incorrect Answer
    B 2700 Rs Correct Answer Incorrect Answer
    C 2800 Rs Correct Answer Incorrect Answer
    D 2850 Rs Correct Answer Incorrect Answer

    Solution

    Let P = 100 Rs Calculation of CI in 1 year (Compounded Half-yearly)

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