Final answer:
Without the principal sum, interest rate, or simple interest figure, we cannot calculate the precise amount by which compound interest exceeds simple interest for the specified sum. The question highlights the difference in yields between compound and simple interest, with compound interest typically outpacing simple interest because it is calculated on an incrementally increasing base.
Step-by-step explanation:
The question is asking to compare the compound interest versus simple interest earned over the same period, specifically highlighting how much more compound interest accrues compared to simple interest. Given that the compound interest over 3 years is Rs. 4340,
we do not have sufficient information to provide an exact numerical answer to the question of how much more compound interest is compared to simple interest on the specific sum. We would require either the principal amount, the interest rate, or the simple interest amount in order to calculate the difference.
However, we can infer from the provided sample data that typically, compound interest yields more than simple interest because interest is calculated on the principal plus the accumulated interest over time. The sample mentions a scenario where compound interest was $0.76 more than simple interest after three years on a $100 principal at 5% interest rate.
While helpful for understanding, this reference cannot be directly applied to answer the student's question without all necessary details about the specific sum in question.