What is the difference between the compound interest and simple interest accrued on an amount ₹12000 at the end 3 y

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Q 1627612581.     What is the difference between the compound interest and
simple interest accrued on an amount ₹12000 at the end 3
yr at the rate of 12%?
IBPS-CLERK 2011 04/12/2011
A

`₹599.136`

B

`₹439.136`

C

`₹539.16`

D

`₹539.136`

E

None of these

HINT


Solution
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

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