Question

Rs. 9,000 is invested in scheme ‘A’ offering simple interest of 20% p.a. and Rs. 6,500 in scheme ‘B’ offering simple interest of 8% p.a. What is the difference in interests earned from the two schemes after 3 years?

A Rs. 3840
B Rs. 3240
C Rs. 3340
D Rs. 3440
E None of these
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