## A person deposits an equal amount of ₹8000 in two different banks on different interests rates. After three years, the difference between the interest received from these two banks is ₹576. What is the difference between their interest rates?

Question

A person deposits an equal amount of ₹8000 in two different banks on different interests rates. After three years, the difference between the interest received from these two banks is ₹576. What is the difference between their interest rates?

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Simple and Compound Interest
3 months
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