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Q: Mr Amin borrowed a certain sum from Mr Visvas. He borrowed for first 2 year at 8% per annum, for next 3 years at 11% per annum and beyond that at 14% per annum. Mr Amin paid Rs 10,920 as Simple interest in 8 years. Find how much he had borrowed?

  • 1
    Rs 12000
  • 2
    Rs 15000
  • 3
    Rs 14000
  • 4
    Data insufficient
  • 5
    None of these
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Answer : 1. "Rs 12000"

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