Ramen obtained simple interest Rs. 1600...

Ramen obtained simple interest Rs. 1600 by depositing a sum of money in a bank after 4 years at the rate of 4% simple interest per annum. If the same sum of money will be deposited in the bank at the rate of 10% compound interest per annum, then what will be the obtained compound interest?

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The correct Answer is:

Rs. 4641

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