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Q:

Rajesh borrowed a sum of money from Jayant at the rate of 8% per annum simple interest for the first four years, 10% per annum for the next six years and 12% per annum for the period beyond 10 years. If he pays a total of Rs. 12,160 as interest only at the end of 15 years, how much way did he borrow?

  • 1
    8000
  • 2
    10,000
  • 3
    12,000
  • 4
    9,000
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Answer : 1. "8000"

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