Kiran lent Rs. 5,00,000 to Kishore, which gets compounded annually at the rate of 12% per annum. Kishore lent the amount to Kavya on simple interest at the rate of 15% per annum. What is the difference in the interest earned by Kiran and Kishore after 3 years?
1
Rs. 22,536
2
Rs. 24,536
3
Rs. 25,536
4
Rs. 26,536