Mathematics · Interest
Find the difference between compound interest and simple interest in three years on a sum of ₹6,0,000, if the rates of interest for the three successive years are 3%, 4%, and 3% respectively.
- 1Option A
- 2₹ 20,016
- 3₹ 2001.6✓
- 4₹ 200.16
Correct answer
₹ 2001.6
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