Mathematics · Simple Interest
A certain sum is lent at 5% p.a. for the first 2 years, 9% p.a. for the next 3 years and 13% p.a. for the period beyond 5 years. If the simple interest on the sum for a total period of 10 years is Rs. 8,160, then the sum (in Rs.) is:
- 19,600
- 28,400
- 39,000
- 48,000✓
Correct answer
8,000
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