The difference between simple and compound interest on Rs. 1400 for one year at 10% per annum reckoned half-yearly is? Choose one:
A) 8.25	B) 3.5	C) 9.0	D) 3.15	E) 2.0
S.I. = (1400 * 10 * 1)/100 = Rs. 140   C.I. = [1400 * (1 + 5/100)2 - 1400]   = Rs. 143.5 Difference = (143.5 - 140)   = Rs.3.50   Answer:3.5
<result>B</result>
The difference between simple and compound interest on Rs. 1400 for one year at 10% per annum reckoned half-yearly is?