The difference between the compound interest compounded annually and simple interest for 2 years at 20% per annum is Rs.144. Find the principal?	Choose the correct answer
A) 2221  B) 2882  C) 3600  D) 2882  E) 1271
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?