What is the difference (in ₹) between the simple interest and the compound interest on a sum of ₹8000 for $$32{2\over 5}$$ years at the rate of 10% p.a., when the interest is compounded yearly?
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Q:
What is the difference (in ₹) between the simple interest and the compound interest on a sum of ₹8000 for $$32{2\over 5}$$ years at the rate of 10% p.a., when the interest is compounded yearly?
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