If a sum of ₹ 200 becomes ₹ 216 at the rate of 4% p.a. simple interest in T years, then find the difference between the compound interest and the simple interest in T years.
A₹ 3
B₹ 0.32
C₹ 2.16
D₹ 1.12
If a sum of ₹ 200 becomes ₹ 216 at the rate of 4% p.a. simple interest in T years, then find the difference between the compound interest and the simple interest in T years.
A₹ 3
B₹ 0.32
C₹ 2.16
D₹ 1.12