Question

Rs. 5,000 is invested in scheme ‘A’ offering simple interest of 16% p.a. and Rs. 6,600 in scheme ‘B’ offering simple interest of 9% p.a. What is the difference in interests earned from the two schemes after 3 years?

A Rs. 628
B Rs. 620
C Rs. 618
D Rs. 658
E None of these
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