The difference between compound interest and simple interest for 3 years at the rate of 20% per annum is ₹240. What is the principal lent?
A₹1,675
B₹1,875
C₹1,975
D₹1,775
A₹1,675
B₹1,875
C₹1,975
D₹1,775
Related Questions:
In how many years will the simple interest on a sum of money be equal to the principle at rate of % p.a ?