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Q:

A person invested Rs 28000 at the rate of 8% per annum simple interest and Rs 26000 at the rate of 10% per annum compounded Interest compounded annually. What is the difference in the interest earned from two investments at the end of 3 years? 

  • 1
    Rs 3310
  • 2
    Rs 2418
  • 3
    Rs 1886
  • 4
    Rs 1284
  • 5
    Rs 960
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Answer : 3. "Rs 1886 "

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