Comprehension Passage
Directions: Study the following table carefully and answer the given questions.
The three banks provide different interest rates on a scheme to different customers on the bases of their individual deposits
|
Names |
Banks |
||
|
BOB |
SBI |
PNB |
|
|
Raju |
16% p.a. |
12% p.a. |
-- |
|
Komal |
R% p.a. |
12% p.a. |
8% p.a. |
|
Priya |
-- |
-- |
10% p.a. |
|
Amrita |
14% p.a. |
18% p.a. |
12% p.a. |
What is the difference of the compound interest rate received by Amrita in BOB scheme and that of received by Priya in PNB scheme for 1 year, interest is being compounded half yearly? (the investments of both Amrita and Priya are the same.)
1
5.24%
2
6.25%
3
4%
4
4.89%
5
4.24%