At the same amount, the difference of compound interest and simple interest earned in two years is 72 rupees. If the interest rate is 4% annual, then calculate the amount invested (in Rs.)?

At the same amount, the difference of compound interest and simple int

1.	At the same amount, the difference of compound interest and simple interest earned in two years is 72 rupees. If the interest rate is 4% annual, then calculate the amount invested (in Rs.)?
A.	43,000
B.	44,000
C.	45,000
D.	42,000
Answer» D. 42,000

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At the same amount, the difference of compound interest and simple interest earned in two years is 72 rupees. If the interest rate is 4% annual, then calculate the amount invested (in Rs.)?

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