What is the difference between the CI on Rs. 5000 for 1 years at 4% per annum CI yearly and half yearly?  Pick
A) rs . 2.04	B) rs . 2.12	C) rs . 2.23	D) rs . 3	E) rs . 3.04

Rationale: c . i . when interest compounded yearly = rs . 5000 x 1 + 4 x 1 + x 4 100 100 = rs . 5000 x 26 x 51 25 50 = rs . 5304 . c . i . when interest is compounded half - yearly = rs . 5000 x 1 + 2 3 100 = rs . 5000 x 51 x 51 x 51 50 50 50 = rs . 5306.04 difference = rs . ( 5306.04 - 5304 ) = rs . 2.04 a
Answer: A