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What is the difference between the compound interest and the simple interest on ₹10,000 for 3 years at 10% per annum, compounded annually?
- A₹210
- B₹300
- C₹310
- D₹331
Correct answer: C
What is the difference between the compound interest and the simple interest on ₹10,000 for 3 years at 10% per annum, compounded annually?