Ganesh makes a fixed deposit of \( ₹ 40,000 \) in a bank for a year at \( 20 \% \) per annum sim...

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Counter-Strike: Source
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Counter-Strike: Source (2004)
Duration: 3:36
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Ganesh makes a fixed deposit of \( ₹ 40,000 \) in a bank for a year at \( 20 \% \) per annum simple interest. Harish makes a fixed deposit of an equal sum for the same period and at the same rate of interest, interest being compounded half-yearly. Find the difference between maturity values of investment of Harish and Ganesh. (in ₹)
(a) 400
(b) 360
(c) 440
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