Mathematics · Simple Interest
Two banks, A and B, offered loans at 3.5% and 6% per annum simple interest, respectively. Gopal borrowed an amount of ₹3,60,000 from each bank. Find the positive difference between the amounts of simple interest paid to the two banks by Gopal after 4 years (in ₹).
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 137000
- 235500
- 337500
- 436000✓
Correct answer
36000
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