A) Rs. 1080
B) Rs. 7805
C) Rs. 8750
D) Rs. 5780
Correct Answer: C
Solution :
Rate of interest = 8% per half-year Time = 2 half year Difference of interests \[=\frac{\text{Principal}\times {{(Rate)}^{2}}}{{{(100)}^{2}}}\] \[\Rightarrow \] \[56=\frac{P\times {{(8)}^{2}}}{{{(100)}^{2}}}\] \[\Rightarrow \] \[P=\frac{56\times 10000}{64}=Rs.\,8750\]You need to login to perform this action.
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