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ATQ, 
So, amount received by 'Pawan' = 12,000 × (1.25)2 = Rs. 18,750. Therefore, required difference = 18750 × 0.65 - 18750 × 0.35 = 18750 × (0.65 - 0.35) = 18750 × 0.3 = Rs. 5625
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