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     EduGorilla 
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    A financier took Rs. 80,000 on loan from a bank at 20% simple interest and gave it to another person at the same rate, but compounded the interest twice a year. What would be his profit at the end of the year?

    Options :-

    1. Rs. 600
    2. Rs. 800
    3. Rs. 1600
    4. Rs. 1800
    5. Rs. 400
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