The difference between the compound interest compounded annually and simple interest for 2 years at 20% per annum is Rs.144. Find the principal? Select the correct option
A) 2277	B) 2667	C) 3600	D) 2766	E) 1811
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?