The difference between the compound interest compounded annually and simple interest for 2 years at 20% per annum is Rs.144. Find the principal?
Pick
A) Rs.3000 B) Rs.3300 C) Rs.3600 D) Rs.3900 E) Rs.4500
Explanation:   P = 144(100/5)2 =&gt; P = 3600   ANSWER IS Rs.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?