Mathematics · Compound Interest
The difference between the compound interest and simple interest on a certain sum for 2 years is Rs. 576. Find the compound interest for 3 years on the same sum if the rate of interest is 8% per annum.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 22,654.00
- 2Rs. 21,582.50
- 3Rs. 23,374.08✓
- 4Rs. 22,600.00
Correct answer
Rs. 23,374.08
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