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Q.

10000 was lent for one year at 10% per annum. By how much more will the interest be, if the sum was lent at 10% per annum, interest being compounded half yearly?


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a

Rs. 10000

b

Rs. 200

c

Rs. 25

d

Rs. 5000 

answer is C.

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Detailed Solution

We know that
Question ImageSubstituting the values
Question ImageHere,
Interest = A-P
Substituting the values
Question Image In case 2,
We know that
Question ImageSubstituting the values
Question ImageHere,
Interest = A-P
Substituting the values
Question ImageSo, the difference between the two interests
Question ImageHence, Option (3) is the correct answer.
  

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