Sapna borrowed a certain sum of money from Kavita under the following – McqOptions

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1.	Sapna borrowed a certain sum of money from Kavita under the following repayment scheme based on simple interest. 8% p.a. for the initial 2 years, 9.5% p.a. for the next 4 years, 11% p.a. for the next 2 years, 12% p.a. after the first 8 years. Find the amount which a sum of Rs. 9000 taken for 12 years becomes at the end of 12 years?
A.	Rs. 20160
B.	Rs. 22350
C.	Rs. 23470
D.	Rs. 24567
E.	None of these
Answer» B. Rs. 22350

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