Arun borrowed a sum of money from Jayant at the rate of 8% per annum simple interest for the first four years, 10% per annum for the next 6 years and 12% per annum for the period beyond 10 years. If he pays a total of Rs. 12160 as interest only at the end of 15 years, how much money did he borrow?

Asked Sep 07, 2023 Modified Sep 07, 2023 Viewed 0 times
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asked Sep 07, 2023 at 09:12
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Rs. 8000
answered Sep 07, 2023 at 09:12

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