Find out the C.I on Rs.5000 at 4% p.a. compound half-yearly for 1 1/2 years.
A. Rs.420.20
B. Rs.319.06
C. Rs.306.04
D. Rs.294.75
Explanation:
A = 5000(51/50)3
= 5306.04
5000
———–
306.04