The difference between the compound interest compounded annually and simple interest for 2 years at 20% per annum is Rs.144. Find the principal?
Choose the correct choice from the following:
A) 3629
B) 3608
C) 3600
D) 3613
E) 6192
P = 144(100/5)2 =&gt; P   = 3600   Answer:3600
<result>C</result>
The difference between the compound interest compounded annually and simple interest for 2 years at 20% per annum is Rs.144. Find the principal?