Question:
What is the difference between Compound interest and Simple interest on 10,00,000 for 3 years at 4% per annum rate of interest?
What is the difference between Compound interest and Simple interest on 10,00,000 for 3 years at 4% per annum rate of interest?
Updated On: Oct 23, 2024
- Rs.5890
- Rs.8246
- Rs.6724
- Rs.4864
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The Correct Option is D
Solution and Explanation
The correct answer is (D);Rs.4864
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