Question

Neha deposited Rs. 35,000 on compound interest at 10% per annum compounded annually for 3 years, while Meha deposited Rs. 50,000 on simple interest at 18% per annum for 4 years. What is the difference between the interests earned by Meha and Neha?

A Rs.34,415
B Rs.21,415
C Rs.24,415
D Rs.24,400
E None of these
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