What is the difference between compound interest on Rs.3000 for 2 years at 5% P.

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โœช Choose the correct option.

What is the difference between compound interest on Rs.3000 for 2 years at 5% P.a. When interest is compounded yearly and compound interest on the same sum and same terms except that it is compounded half yearly?

A. Rs.3.93
B. Rs.30
C. Rs.15.3
D. Rs.41.28

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