Math MCQ: What is the difference between the compound interest and simple interest calculated on an amount of RS.16200 at the end of 3 yr at 25% pa? (Rounded off to two digits after decimal)

What is the difference between the compound interest and simple interest calculated on an amount of RS.16200 at the end of 3 yr at 25% pa? (Rounded off to two digits after decimal)

Correct Answer: RS.3290.63

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