Question

Manvi borrowed some money on simple interest, at the rate of 6% p.a. for the first three years, at the rate of 9% p.a. for the next five years and at the rate of 13% p.a. for the period beyond eight years. If the total interest paid by him at the end of eleven years is रु8,160, how much money did he borrow?

• A. रु 11,000
• B. रु 10,000
• C. रु 8,000
• D. रु 12,000

Answer 1

Answer: (C)