Mathematics · Interest
Find the difference between the compound interest and simple interest on an amount of Rs. 4,500 at 8% per annum for 3 years.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 86.000
- 2Rs. 85.704
- 3Rs. 90.000
- 4Rs. 88.704✓
Correct answer
Rs. 88.704
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