A sum of money lent at compound interest for 2 years at 20% p.a. would fetch ₹ 482/- more if the interest was payable half yearly then if it was…
CA Foundation · Quantitative Aptitude · PYQS · January 2026
A sum of money lent at compound interest for 2 years at 20% p.a. would fetch ₹ 482/- more if the interest was payable half yearly then if it was payable annually. What is the value of sum deposited?
Suggested Answer and Working Notes:
Correct Answer: Option (D)
D. ₹ 20,000
Topics: Part-A: Business Mathematics
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