The difference between simple and compound interests, compounded annually, on a certain sum of money for 2 years at 5% per annum is ₹1,600. Find the sum (in ₹).
A64,000
B3,20,000
C32,000
D6,40,000
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ഒരാൾ 1,000 രൂപ 10% പലിശ നിരക്കിൽ 2 വർഷത്തേക്ക് കൂട്ടുപലിശ ഇനത്തിൽ ബാങ്കിൽ നിക്ഷേപിച്ചാൽ വർഷാവസാനം ലഭിക്കുന്ന തുക.