Correct Answer: Rs. 4.40
Explanation:
C.I. when reckoned half yearly = Rs.[800 x (1 + 10/100)2 - 800] = Rs. 168 C.I.when reckoned quarterly = Rs.800[(1 + 5/100)4 - 1] = 800[(194481 - 160000)/160000] = 34481/200 = Rs.172.40 ∵ Required difference =Rs.(172.40 - 168) = Rs.4.40