Arif took a loan of Rs 80,000 from a bank. If the rate of interest is 10% per annum, find the difference in amounts he would be paying after `(1) 1/2` years if the interest is (i) compounded annually. (ii) compounded half yearly.

Explanation

To solve the problem step by step, we will calculate the total amount Arif would pay after 1.5 years for both cases: when the interest is compounded annually and when it is compounded half-yearly. Finally, we will find the difference between the two amounts.

### Step 1: Calculate the amount when interest is compounded annually

1. **Identify the principal (P), rate (R), and time (T)**:
- Principal (P) = Rs 80,000
- Rate (R) = 10% per annum
- Time (T) = 1.5 years
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