Two banks, A and B, offered loans at 3.5% and 6% per annum, respectively. Atul .co borrowed an amount of ₹5,00,000 from each bank. Find the positive difference between the amounts of simple interest…

Question

Two banks, A and B, offered loans at 3.5% and 6% per annum, respectively. Atul .co borrowed an amount of ₹5,00,000 from each bank. Find the positive difference between the amounts of simple interest paid to the two banks by Atul after 4 years. .co

PYQPulse · Accepted Answer

51,500 g a

Two banks, A and B, offered loans at 3.5% and 6% per annum, respectively. Atul .co borrowed an amount of ₹5,00,000 from each bank. Find the positive difference between the amounts of simple interest paid to the two banks by Atul after 4 years. .co

Answer: C. 51,500 g a