Shiva invested Rs. 2000 on simple interest and compound interest on a – McqOptions

MCQOPTIONS

1.	Shiva invested Rs. 2000 on simple interest and compound interest on a certain day. If the rate of interest is 6%, what will be the difference between simple and compound interest for a period of 3 years?
A.	Rs. 21
B.	Rs. 26
C.	Rs. 24
D.	Rs. 22
Answer» E.

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