The difference between simple and compound interest on Rs. 1300 for one year at 10% per annum reckoned half-yearly is?	Choose the most appropriate option:	A) 8.0	B) 3.25	C) 9.15	D) 3.13	E) 2.0
S.I. = (1300 * 10 * 1)/100 = Rs. 130   C.I. = [1300 * (1 + 5/100)2 - 1300]   = Rs. 133.25 Difference = (133.25 - 130)   = Rs.3.25   Answer:3.25
<result>B</result>
The difference between simple and compound interest on Rs. 1300 for one year at 10% per annum reckoned half-yearly is?