The difference between compound and simple interest on a certain sum of money for 3 years at 6 2/3% p.a is Rs.184. Find the sum?
A. Rs.12000
B. Rs.14200
C. Rs.17520
D. Rs.13500
Explanation:
P = (184*106) / [6 2/3 * 6 2/3 *(300*6 2/3)]
P = 13500