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| 1. |
Shishir borrowed some money from a bank with 6 p.c.p.a simple interest for the first three years, 8 p.c.p.a for the next 4 yrs and 12 p.c.p.a for the period beyond seven years. If at the end of twelve years, he pays a total interest of Rs. 6,600, how much money did he borrow from the bank? |
| A. | Rs. 6,000 |
| B. | Rs. 12,000 |
| C. | Rs. 8,000 |
| D. | Rs. 9,000 |
| Answer» B. Rs. 12,000 | |