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Two banks, A and B, offered loans at 3.5% and 7% per annum, respectively. Keshav borrowed an amount of ₹4,80,000 from each bank. Find the positive difference (in ₹) between the amounts of simple interest paid to the two banks by Keshav after 2 years.
34,600
35,100
33,100
33,600
33,600
Practice and solve "Two banks, A and B, offered loans at 3.5% and 7% per annum, respectively. Keshav borrowed an amount ..." for Mathematics - Previous Year Paper 2024. The correct answer is Option D: 33,600. 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% per annum, respectively. Keshav borrowed an amount ..." for Mathematics - Previous Year Paper 2024. The correct answer is Option D: 33,600. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.