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1. The difference between simple interest and compound on Rs. 1200 for one year at 10% per annum reckoned half-yearly is:
(A): None of these
(B): Rs. 2.50
(C): Rs. 3
(D): Rs. 3.75
(E): Rs. 4
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By: guest on 01 Jun 2017 05.46 pm
S.I. = Rs 1200 x 10 x 1 = Rs. 120. 100 C.I. = Rs. 1200 x 1 + 5 2 - 1200 = Rs. 123. 100 Difference = Rs. (123 - 120) = Rs. 3.
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