What is the difference between the C.I. on Rs. 6000 for 1 1/2 years at 4% per annum compounded yearly and half-yearly? Choices
A) s.2.04	B) s.2.08	C) s.2.02	D) s.2.83	E) s.2.45
C.I. when interest is compounded yearly   = [6000 * (1 + 4/100) * (1 + (1/2 * 4)/100]   = 6000 * 26/25 * 51/50 = Rs. 6364.8   C.I. when interest is compounded half-yearly   = [6000 * (1 + 2/100)2]   = (6000 * 51/50 * 51/50 * 51/50)   = Rs. 6367.25 Difference   = (6367.25 - 6364.8)   = Rs.2.45.   Answer: s.2.45
<result>E</result>
What is the difference between the C.I. on Rs. 6000 for 1 1/2 years at 4% per annum compounded yearly and half-yearly?