What is the difference between the compound interests on Rs. 12,000 for 1 year at 30% per annum compounded yearly and half-yearly?

270 280 370 275

270

P = 12000 R = 30% p.a. Total Rate of Int. (Compounded Half yearly) = 15% + 15% +( \(\frac{15 x 15}{100}\))% = 32.25% Difference percentage = 32.25% – 30% = 2.25% Difference b/w C.I. = 12000 x 2.25% = 270