A person invested an amount of X at the rate of 18% simple interest per annum and an amount of Y at the rate of 12% simple interest per annum. He received an interest of ₹4,320/- at the end of the year. Had he interchanged the amounts invested, he would have received an interest of ₹4,680/-. Then |X-Y| =
- AOption (a)
₹9,500/-
- BOption (b)
₹8,000/-
- COption (c)
₹7,500/-
- DOption (d)
₹6,000/-
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Correct answer
₹9,500/-