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Start learning 50% faster. Sign in nowCompound interest earned by the man in 3 years = 16000 × {(1 + 10/100)3 – 1)} = 16000 × 0.331 = Rs. 5296 Simple interest earned by the man in 3 years = 14000 × 0.13 × 3 = Rs. 5460 Required difference = 5460 – 5296 = Rs. 164
Match Column I and Column II and choose the correct match from the given choice