Mathematics · Interest
Find the difference between the compound interest, compounded annually, and the simple interest on ₹4,000 for 2 years at 6% per annum.
- 1₹ 15.90
- 2₹ 14.40✓
- 3₹ 16.80
- 4₹ 13.80
Correct answer
₹ 14.40
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