The rate of interest on a sum of money is 6% per annum for the first 3 years, 5% per annum for the next 4 years and 8% per annum for the period beyond 7 years. If the simple interest accrued on the sum for a total period of 11 years is Rs56000, what

The rate of interest on a sum of money is 6% per annum for the first 3

1.	The rate of interest on a sum of money is 6% per annum for the first 3 years, 5% per annum for the next 4 years and 8% per annum for the period beyond 7 years. If the simple interest accrued on the sum for a total period of 11 years is Rs56000, what
A.	Rs75000
B.	Rs80000
C.	Rs90000
D.	Rs60000
Answer» C. Rs90000