Shiva invested Rs. 2000 on simple interest and compound interest on a certain day. If the rate of interest is 6%, what will be the difference between simple and compound interest for a period of 3 years?
1
Rs. 21
2
Rs. 26
3
Rs. 24
4
Rs. 22
Shiva invested Rs. 2000 on simple interest and compound interest on a certain day. If the rate of interest is 6%, what will be the difference between simple and compound interest for a period of 3 years?