What will be the difference in simple and compound interest on 6000 after three years at the rate of 10 percent per annum?	Choose the correct choice
A) 160  B) 186  C) 62  D) 20  E) None of these
For 3 years:   Diff.=Sum×(rate)2(300+rate)/(100)3   = 6000×10×10×310/100×100×100 = 186   Answer 186
<result>B</result>
What will be the difference in simple and compound interest on 6000 after three years at the rate of 10 percent per annum?