Mathematics10000 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?

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?


  1. A
    Rs. 10000
  2. B
    Rs. 200
  3. C
    Rs. 25
  4. D
    Rs. 5000 

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    Solution:

    We know that
    Substituting the values
    Here,
    Interest = A-P
    Substituting the values
     In case 2,
    We know that
    Substituting the values
    Here,
    Interest = A-P
    Substituting the values
    So, the difference between the two interests
    Hence, Option (3) is the correct answer.
      
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