A) \[Rs.1520\]
B) \[Rs.1025\]
C) \[Rs.1250\]
D) \[Rs.1500\]
Correct Answer: C
Solution :
Half yearly interest rate = 10% (Given) then, yearly interest rate = 20% rate \[=20%=\frac{1}{5}\] Using this, for 2 years First year interest = 5U 2nd year interest = 6U Where given, 6U = 300 \[1U=\frac{300}{6}=50\] The value of \[25U=50\times 25=\,\underline{\mathbf{Rs}\mathbf{.}\,\mathbf{1250}}\]You need to login to perform this action.
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