The compound interest on a sum for 2 years is Rs. 32 more than the simple interest on the same sum for the same period which is Rs. 800. The difference between the compound and simple interest for 3rd year will be

🎲 Try a Random Question  |  Total Questions in Quiz: 55  |  🧠 Study this quiz with Flashcards
This question is part of a full practice quiz:
Compound Interest Problems 2 — practice the complete quiz, review flashcards, or try a random question.


The compound interest on a sum for 2 years is Rs. 32 more than the simple interest on the same sum for the same period which is Rs. 800. The difference between the compound and simple interest for 3<span class='superscript'>rd</span> year will be