Find the difference between compound interest and simple interest on a sum of Rs.48000 at the rate of 15% per annum for three years.

Find the difference between compound interest and simple interest on a

1.	Find the difference between compound interest and simple interest on a sum of Rs.48000 at the rate of 15% per annum for three years.
A.	Rs. 3200
B.	Rs. 3204
C.	Rs. 3402
D.	Rs. 3202
E.	None of these
Answer» D. Rs. 3202

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Find the difference between compound interest and simple interest on a sum of Rs.48000 at the rate of 15% per annum for three years.

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