BANK SBI Apprentice Mock Test 2023 Quantitative Aptitude Interest Compound Interest

If the difference between the simple and the compound interest on a sum at 20% for 3 years is Rs 3840, then what is the sum invested?

1

Rs. 30000

2

Rs. 30500

3

Rs. 31000

4

Rs. 29000

5

Rs. 32000

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