The difference between simple and compound interest on a sum of money at 20% per annum for 3 years is Tk. 48. What is the sum ?

The difference between simple and compound interest on a sum of money at 20% per annum for 3 years is Tk. 48. What is the sum ?

Question:

The difference between simple and compound interest on a sum of money at 20% per annum for 3 years is Tk. 48. What is the sum ?

	Tk. 500
	Tk. 550
	Tk. 550
	Tk. 375

Answer:

Tk. 375

Last Updated:

14/11/2021 - 22:29