Two banks, A and B, offered loans at annual interest rates of 3.5% and 8% respectively. Rupesh took a loan of Rs. 3,00,000 from each bank. Find the positive difference (in Rs.) between the simple interest amounts paid by Rupesh to the two banks after 2 years.
Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM
Options
- (A) 27,000
- (B) 28,500
- (C) 26,500
- (D) 28,000
Verified Answer
Option (A): 27,000
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