How much more would Rs.20000 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) Rs.482
(B) Rs.424
(C) Rs.842
(D) Rs.512
(E) Rs.524 Stream of consciousness first, then make a decision:
20000(11/10)4 - 20000(6/5)2 = 482
Thus, the answer is (A).