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Answer:
THE DIFFERENCE IS 250
Step-by-step explanation:
simple interest=16000*2*25/200=160*25=4000
compound interest=P{1+R/100}^n-P
C.I.=16000[9/8}^2-16000
C.I.=250*81-16000=20250-1600=4250
the difference b/w C.I.-S.I.=250
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