Mathematics · Simple Interest
Rohan borrows a certain sum at simple interest. The rate of interest is 3% per annum for the first 3 years, 4% per annum for the next 5 years, and 6% per annum for the next 7 years. If he paid Rs. 2485 as interest, then what is the sum borrowed?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 3500✓
- 2Rs. 4000
- 3Rs. 3600
- 4Rs. 2500
Correct answer
Rs. 3500
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