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Question

Quantitative Aptitude Question on SI & CI

What will be the difference between the simple interest and compound interest accrued on an amount of Rs.19,200/- at the end of 3 years @ 12 p.c.p.a?

A

Rs.722.6826

B

Rs.802.5144

C

Rs.862.6176

D

Rs.798.1824

E

None of these

Answer

Rs.862.6176

Explanation

Solution

The correct answer is(C),Rs.862.6176