The following table shows different plans offered by a lender, type of interest and rates of interest applicable during first, second and third year.

If two persons borrow an equal amonut of Rs12000 under Plan B and Plan E respectively and rate of interest for the first year under Plan B and D is same, then what is the difference between second year’s interests alone paid by each of them?

Options

A. 105.25
B. ₹110.25
C. ₹115.25
D. Cannot be determined

Answer

D