Mathematics · Interest
Two banks, A and B, offered loans at 3.5% and 6% per annum simple interest, respectively. Atul borrowed an amount of ₹4,20,000 from each bank. Find the positive difference between the amounts of simple interest paid to the two banks by Atul after 3 years.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 231000
- 332500
- 433000
Correct answer
31500
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