Question

Rs. 6,500 is invested in scheme ‘A’ offering simple interest of 14% p.a. and Rs. 9220 in scheme ‘B’ offering simple interest of 5% p.a. What is the difference in interests earned from the two schemes after 3 years?

A Rs. 1347
B Rs. 1247
C Rs. 1147
D Rs. 1357
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