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Two banks, A and B, offered loans at 3.5% and 8.5% per annum, respectively. Atul borrowed an amount of ₹4,80,000 from each bank. Find the positive difference between the amounts (in ₹) of simple interest paid to the two banks by Atul after 2 years. 6554
49,000
48,000
49,500
47,500 Question ID : 441009570128 Option 1 ID : 4410092235633 Option 2 ID : 4410092235632 Option 3 ID : 4410092235635 Option 4 ID : 4410092235634 Status : Not Answered Chosen Option : --
48,000
Practice and solve "Two banks, A and B, offered loans at 3.5% and 8.5% per annum, respectively. Atul borrowed an amount ..." for Mathematics - Previous Year Paper 2026. The correct answer is Option B: 48,000. 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 8.5% per annum, respectively. Atul borrowed an amount ..." for Mathematics - Previous Year Paper 2026. The correct answer is Option B: 48,000. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.