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. 3 C) Rs. 4.50 D) Rs. 5 E) Rs. 6.50
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   Rs. 2.04
<result>A</result>
What is the difference between the CI on Rs. 5000 for 1 years at 4% per annum CI yearly and half yearly?