Prashant has Rs. 17,500 in cash. He divided this money in two parts and invested each part in two different banks such that the interests given by first bank at 8% simple interest per annum and that by the other bank at 6% simple interest per annum are equal. Find the interest received by him from each bank after one year?

1
Rs. 750
2
Rs. 650
3
Rs. 600
4
Rs. 400

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