The difference between compound and simple interest on a particular sum of money for 3 years at 6 and 2/3% p.a is Rs.184. What is the sum? Options:
A) 13000 B) 13500 C) 14000 D) 14500 E) 15000
P = (184*10^6) / (6 2/3 * 6 2/3*(300*6 2/3))   ==&gt; 13500   ANSWER 13500
<result>B</result>
The difference between compound and simple interest on a particular sum of money for 3 years at 6 and 2/3% p.a is Rs.184. What is the sum?