The difference between the compound interest compounded annually and simple interest for 2 years at 20% per annum is Rs.216. Find the principal? Select:
A) 2277
B) 2667
C) 5400
D) 2766
E) 1811
P = 216(100/5)^2 =&gt; P = 5400   Answer: 5400
<result>C</result>
The difference between the compound interest compounded annually and simple interest for 2 years at 20% per annum is Rs.216. Find the principal?