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What will be the difference in Rs.) betw...

What will be the difference in Rs.) between compound Interest and simple interest for 4 years on a principal of `Rs. 12000` at the rate of `20%` per annum?

A

3324.8

B

2818.4

C

3576.6

D

3283.2

Text Solution

Verified by Experts

The correct Answer is:
D
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