find the difference between C.I and S.I on rs 5000 for 1 year at 2 percentage p.a, if the interest is compounded half yearly
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The difference is 4 %
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5000 is put on S.I. for 1 year at 2% p.a. and the same amount, the interest is compounded half-yearly then the difference between the C.I. & S.I. is Rs. 0.5.
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