What is the difference between the compound interests on Rs. 5000 for 1 years at 4% per annum compounded yearly and half-yearly?
Question: What is the difference between the compound interests on Rs. 5000 for 1 years at 4% per annum compounded yearly and half-yearly? [A]. Rs. 2.04 [B]. Rs. 3.06 [C]. Rs. 4.80 [D]. Rs. 8.30 Answer: Option A Explanation: C.I.…