Join 60,000+ competitive exam aspirants
Two banks, A and B, offered loans at 3.5% and 8.5% per annum, respectively. Tushar borrowed an amount of ₹4,60,000 from each bank. Find the positive difference between the amounts (in ₹) of simple interest paid to the two banks by Tushar after 4 years.
93,000
91,500
93,500
92,000
92,000
Practice and solve "Two banks, A and B, offered loans at 3.5% and 8.5% per annum, respectively. Tushar borrowed an amoun..." for Mathematics - Previous Year Paper 2026. The correct answer is Option D: 92,000. 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. Tushar borrowed an amoun..." for Mathematics - Previous Year Paper 2026. The correct answer is Option D: 92,000. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.