Mathematics · Interest
What will be the difference between compound interest (compounded annually) and simple interest for 3 years on a principal of Rs. 12000 at the rate of 10% per annum?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 372✓
- 2Rs. 392
- 3Rs. 352
- 4Rs. 402
Correct answer
Rs. 372
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