Question:
The difference between Simple Interest and Compound Interest on Rs. 500 for 1 year at 10% per annum, reckoned half yearly is
The difference between Simple Interest and Compound Interest on Rs. 500 for 1 year at 10% per annum, reckoned half yearly is
Updated On: Jul 9, 2024
- Rs. 1
- Rs. 1.25
- Rs. 1.5
- Rs. 2
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The Correct Option is B
Solution and Explanation
The correct option is (B): Rs. 1.25.
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