How much more would Rs.50000 fetch, after two years, if it is put at 20% p.a. compound interest payable half yearly than if is put at 20% p.a. compound interest payable yearly?
Options:
(A) 482
(B) 1205
(C) 992
(D) 837
(E) 923 Hmmm, my stream of consciousness:
50000(11/10)4 - 50000(6/5)2 = 1205 So, the answer is (B).