A person invested Rs 28000 at the rate of 8% per annum simple interest – McqOptions

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1.	A person invested Rs 28000 at the rate of 8% per annum simple interest and Rs 26000 at the rate of 10% per annum compounded Interest compounded annually. What is the difference in the interest earned from two investments at the end of 3 years?
A.	Rs 3310
B.	Rs 2418
C.	Rs 1886
D.	Rs 1284
E.	Rs 960
Answer» D. Rs 1284

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