Question
Quantitative Aptitude Question on SI & CI
What is the difference between Compound interest and Simple interest on 10,00,000 for 3 years at 4% per annum rate of interest?
A
Rs.5890
B
Rs.8246
C
Rs.6724
D
Rs.4864
Answer
Rs.4864
Explanation
Solution
The correct answer is (D);Rs.4864