Shalini deposited Rs. 4,00,000 in a bank where she was promised an interest of 10%. She deposited it for a period of two years. Find the difference in the amount, if the interest is calculated in a compounded manner to the amount interested in a simple manner. Fill the right answer in the blank ___.

Shalini deposited Rs. 4,00,000 in a bank where she was promised an int

1.	Shalini deposited Rs. 4,00,000 in a bank where she was promised an interest of 10%. She deposited it for a period of two years. Find the difference in the amount, if the interest is calculated in a compounded manner to the amount interested in a simple manner. Fill the right answer in the blank ___.
Answer» Shalini deposited Rs. 4,00,000 in a bank where she was promised an interest of 10%. She deposited it for a period of two years. Find the difference in the amount, if the interest is calculated in a compounded manner to the amount interested in a simple manner. Fill the right answer in the blank ___.