Question

Rs. 8,000 is invested in scheme ‘A’ offering simple interest of 18% p.a. and Rs. 6,000 in scheme ‘B’ offering simple interest of 7% p.a. What is the difference in interests earned from the two schemes after 3 years?

A Rs. 3060
B Rs. 3000
C Rs. 3010
D Rs. 3070
E None of these
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