The difference between simple interest and compound on Rs. 1200 for one year at 10% per annum reckoned half-yearly is:

The difference between simple interest and compound on Rs. 1200 for one year at 10% per annum reckoned half-yearly is:

The difference between simple interest and compound on Rs. 1200 for one year at 10% per annum reckoned half-yearly is:


A. Rs. 2.50
B. Rs. 3
C. Rs. 3.75
D. Rs. 4
E. None of these

Answer: B