Find out the C.I on Rs.5000 at 4% p.a. compound half-yearly for 1 1/2 years. Choose the correct choice from the following:	A) 306.08	B) 306.00	C) 306.04	D) 306.02	E) 306.01
A = 5000(51/50)3   = 5306.04   5000   -----------   306.04   Answer: 306.04
<result>C</result>
Find out the C.I on Rs.5000 at 4% p.a. compound half-yearly for 1 1/2 years.