₹ 2000 is saved during the year 2022 and deposited in a bank at the beginning of year 2023 at 8% compound interest. During 2023, ₹ 3000 more is saved and deposited in the same bank at the beginning of 2024 and at the same rate of interest. The C.I. earned upto the end of 2024 is :

1. ₹ 560

2. ₹ 572.80

3. ₹ 5400

4. ₹ 400

₹ 1000 is borrowed at 10% per annum C.I. If ₹ 300 is repaid at the end of each year, the amount of loan outstanding at the end of 2nd year is :

1. ₹ 880

2. ₹ 610

3. ₹ 580

4. ₹ 484

₹ 10 is the difference between C.I. and S.I. in 2 years and at 5% per annum. The principal amount is :

1. ₹ 4400

2. ₹ 4100

3. ₹ 4000

4. none of these

Calculate the difference between the simple interest and compound interest on ₹ 4000 in 2 years at 8% per annum compounded yearly.