C.I. when interest
compounded yearly |
| = Rs. |
[ |
5000 x |
❨ |
1 + |
4 |
❩ |
x |
❨ |
1 + |
½ 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
