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Homework answers / question archive / The difference between SI and CI at 10% pa rate for 2 years is Rs 28
The difference between SI and CI at 10% pa rate for 2 years is Rs 28. When interest is com- pounded on yearly basis. What will be differ- ence between the interests if interest is coumpounded on half-yearly basis.
(1) 3 44
(2) 28.35 (3) $ 43.41 (4) 3 43.29 (5) None of these