Find the compound interest on a loan of Rs. 1000 at 10% per annum for 3 compounded yearly. Also calculate simple interest. Find the difference between two kinds of interest charged.
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Step-by-step explanation:
difference between simple and compound interest is 31
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T̺h̺e̺ a̺n̺s̺w̺e̺r̺ i̺s̺ i̺n̺ t̺h̺e̺ p̺i̺c̺t̺u̺r̺e̺ .̺
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