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Question

Ruhi deposited certain sum of money at 8% per annum for 1 year. If the difference between the compound interest compounded semi-annually and compounded annually for the same time and at the same rate is ₹88, then the amount deposited by Ruhi is

रूही 1 वर्ष के लिए निश्चित धनराशि को 8% वार्षिक दर से जमा करती है। यदि समान समय के लिए तथा समान दर पर अर्धवार्षिक एवं वार्षिक चक्रवृद्धि ब्याज का अंतर ₹88 है, तब रूही ने कितनी धनराशि जमा की?

A
₹44,000
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B
₹50,000
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C
₹55,000
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D
₹60,000
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Solution

The correct option is C ₹55,000
Solution

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