What will be the difference between simple and compound interest at 10% per annum on a sum of Rs. 1000 after 4 years?
What will be the difference between simple and compound interest at 10% per annum on a sum of Rs. 1000 after 4 years? A. Rs. 31 B. Rs. 32.10 C. Rs. 40.40D. Rs. 64.10 Explanation: S.I. = (1000 * 10…