Schools A and B are in the same town. Annual fee collected by school A from each student is $6720 which is comprised of basic fee and an additional maintenance fee which is 12% of the basic fee. School B has the same basic fee as school A but its maintenance charge is just 8% of the basic fee. A student studying in school B can save how much more as compared with a student from school A?
A. $120
B. $240
C. $360
D. $540
E. $720
A. $120
B. $240
C. $360
D. $540
E. $720