Priyanka and Shreya invested ₹40000 each. Priyanka gets a simple interest at the rate of 10% per annum and Shreya gets a compound interest at the rate of 10% per annum. find the difference between the interests they will receive after 3 years.
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Priyanka borrowed Rs8,000 at 12% simple interest for 3years and lent it to Renu for 3 years at 15% per annum compound interested, compounded annually, Priyanka's profit at the end of 3 years is
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