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On a certain sum of money, the difference between the compound interest for a year, payable half-yearly, and the simple interest for a year is Rs. 180. If the rate of interest in both the cases is 10%, then the sum is:a)Rs. 60,000b)Rs. 72,000c)Rs. 62,000d)Rs. 54,000e)None of theseCorrect answer is option 'B'. Can you explain this answer? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about On a certain sum of money, the difference between the compound interest for a year, payable half-yearly, and the simple interest for a year is Rs. 180. If the rate of interest in both the cases is 10%, then the sum is:a)Rs. 60,000b)Rs. 72,000c)Rs. 62,000d)Rs. 54,000e)None of theseCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for On a certain sum of money, the difference between the compound interest for a year, payable half-yearly, and the simple interest for a year is Rs. 180. If the rate of interest in both the cases is 10%, then the sum is:a)Rs. 60,000b)Rs. 72,000c)Rs. 62,000d)Rs. 54,000e)None of theseCorrect answer is option 'B'. Can you explain this answer?.

Solutions for On a certain sum of money, the difference between the compound interest for a year, payable half-yearly, and the simple interest for a year is Rs. 180. If the rate of interest in both the cases is 10%, then the sum is:a)Rs. 60,000b)Rs. 72,000c)Rs. 62,000d)Rs. 54,000e)None of theseCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams. Download more important topics, notes, lectures and mock test series for Banking Exams Exam by signing up for free.

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