If the difference between the compound interest and simple interest on a sum of

Question

If the difference between the compound interest and simple interest on a sum of 5% rate of interest per annum for three years is Rs. 36.60, then the sum is = ?

Options:

A . Rs. 8000

B . Rs. 8400

C . Rs. 4400

D . Rs. 4800

Answer: Option D

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