7. What is the difference between simple interest on * 5,000 at 8% per annum
for 3 years and simple interest on 4,000 at 4%%

7. What is the difference between simple interest on * 5,000 at 8% per annum
for 3 years and simple interest on 4,000 at 4%% per annum for 8 years?
(2016) ABC
(A) 60 (B) 40 (C) 20 (D) 30​

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