What will be the difference in simple and compound interest on 3000 after three years at the rate of 10 percent per annum?
Choose the correct choice from the following options: A) 93 B) 42 C) 62 D) 20 E) None of these
For 3 years:   Diff.=Sum×(rate)2(300+rate)/(100)3   = 3000×10×10×310/100×100×100 = 93   93nswer 93
<result>A</result>
What will be the difference in simple and compound interest on 3000 after three years at the rate of 10 percent per annum?