Karan borrowed Rs. ( at 20% per annum simple interest for 3 years. He immediately invested the borrowed amount at 22% simple interest for 3 years and gained Rs. (. Find the interest received by Karan if he had invested the same amount at 10% per annum compound interest for 2 years.
1
Rs. 689
2
Rs. 529
3
Rs. 589
4
Rs. 588
5
Rs. 688