On what principal, the difference between the compound interest and simple interest at 8% rate for 2 years will be Rs. 3.20?

On what principal, the difference between the compound interest and si

1.	On what principal, the difference between the compound interest and simple interest at 8% rate for 2 years will be Rs. 3.20?
A.	Rs. 300
B.	Rs. 400
C.	Rs. 500
D.	Rs. 600
Answer» D. Rs. 600

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On what principal, the difference between the compound interest and simple interest at 8% rate for 2 years will be Rs. 3.20?

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