Join 60,000+ competitive exam aspirants
Two banks, A and B, offered loans at 3.5% and 7.5% per annum, respectively. Gopal borrowed an amount of ₹340000 from each bank. Find the positive difference (in ₹) between the amounts of simple interest paid to the two banks by Gopal after 2 years.
28,200
27,200
28,700
26,700
27,200
Practice and solve "Two banks, A and B, offered loans at 3.5% and 7.5% per annum, respectively. Gopal borrowed an amount..." for Numerical Aptitude - BSF HC Min and ASI Steno 02 Sep 2026 Shift 1. The correct answer is Option B: 27,200. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "Two banks, A and B, offered loans at 3.5% and 7.5% per annum, respectively. Gopal borrowed an amount..." for Numerical Aptitude - BSF HC Min and ASI Steno 02 Sep 2026 Shift 1. The correct answer is Option B: 27,200. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.