MCQOPTIONS
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| 1. |
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? |
| A. | Rs 12000 |
| B. | Rs 15000 |
| C. | Rs 14000 |
| D. | Data insufficient |
| E. | None of these |
| Answer» B. Rs 15000 | |