The difference between simple interest and the compound interest on Rs.600 for 1 year at 10% per annum, reckoned half-yearly is : Choices.
A) Nil  B) Rs.6.60  C) Rs.4.40  D) Rs.1.50  E) Cannot be determined
Explanation:   S.I = Rs. (600×10×1/100) = Rs.60   C.I = Rs. [600×(1+5/100)2−600] = Rs.61.50   Rs.1.50ifference = Rs.(61.50-60) = Rs.1.50   Correct Option: Rs.1.50
<result>D</result>
The difference between simple interest and the compound interest on Rs.600 for 1 year at 10% per annum, reckoned half-yearly is :