Nitin borrowed some money at the rate of 6% per annum for the first th – McqOptions

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1.	Nitin borrowed some money at the rate of 6% per annum for the first three years, 9% per annum for the next five years and 13% per annum for the period beyond eight years. If the total interest paid by him at the end of eleven years is Rs. 8160, how much money did he borrow?
A.	Rs. 12,000
B.	Rs. 8000
C.	Data inadequate
D.	None of these
Answer» C. Data inadequate

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