The sum of money which when given on compound interest at 18% per annum would fetch Rs.960 more when the Interest Is payable half yearly than when It was payable annually for 2 years Is :

The sum of money which when given on compound interest at 18% per annum would fetch Rs.960 more when the Interest Is payable half yearly than when It was payable annually for 2 years Is :
1). Rs.60,000
2). Rs.30,000
3). Rs.40,000
4). Rs.50,000

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