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Step-by-step explanation:
Birju received money = 5,00,000 rupees
Inveted in Gaon bank = 2,50,000 rupees
interest on 2,50,000
= 2,50,000 * 2 * 6.9/2 / 100
= 2500 * 6.9 = 2500 * 69/10
= 250 * 69
= 17250 rupees
Invested in Happy bank = 2,50,000 rupees
interst on it = 2,50,000 * 1 * 7 / 100
= 2500 * 7 = 17500 rupees
Two year interest in Gaon bank = 34,500 rupees
Two year interest in Happy bank = 35,000 rupees
At the end of two years , Happy bank gives birju more interest than Gaon bank .
Difference between their interest
= 35,000 - 34,500 = 500 rupees
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