Two banks, A and B, offered loans at 3.5% and 6.5% per annum, respectively. Tushar borrowed an amount of ₹200000 from each bank. Find the positive difference between the amounts of simple interest paid to the two banks by Tushar after 3 years.

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Two banks, A and B, offered loans at 3.5% and 6.5% per annum, respectively. Tushar borrowed an amount of ₹200000 from each bank. Find the positive difference between the amounts of simple interest paid to the two banks by Tushar after 3 years.

A17500

B18000

C19500

D19000

Answer:

B. 18000

Read Explanation:

18000

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