A Person borrowed Rs. 32,000 at a yearly 9% simple interest and deposited the same amount in a bank at a yearly compound interest of 10%. What is the gain in rupees at the end of 3 years?

A Person borrowed Rs. 32,000 at a yearly 9% simple interest and deposi

1.	A Person borrowed Rs. 32,000 at a yearly 9% simple interest and deposited the same amount in a bank at a yearly compound interest of 10%. What is the gain in rupees at the end of 3 years?
A.	Rs. 926
B.	Rs. 1,940
C.	Rs. 2,904
D.	Rs. 1,952
Answer» E.

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A Person borrowed Rs. 32,000 at a yearly 9% simple interest and deposited the same amount in a bank at a yearly compound interest of 10%. What is the gain in rupees at the end of 3 years?

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