I wrestled long and hard with this on a new Acer laptop. Tried all sorts of suggestions at driver level or in Zoom. In the end it was an app probably under Acer control: Realtek Audio Console. All speakers must have 'speakers noise cancellation' switched off, and all microphones have 'AI noise reduction' switched off.
It will be a different app name in other laptop makes, for example I saw a post where a Dell Inspiron needed MaxxAudio Pro to be tweaked in the same way.
They should not have set the music cancellation default to 'on' and then made it so hard to find, with neither Windows nor apps like Zoom giving any clue where to find it.