Mathematics · Simple Interest
Two banks, A and B, offered loans at 3.5% and 7.5% per annum, respectively. Ashish borrowed ₹2,60,000 from each bank. Find the positive difference (in ₹) between the amounts of simple interest paid to the two banks after 3 years.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 130,700
- 231,200✓
- 332,700
- 432,200
Correct answer
31,200
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