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MAH-CET 2020 Interest — Previous Year Question

Paper

MAH-CET 2020

Section

Quantitative

Topic

Interest

Difficulty

Medium

Question

MAH-CET 2020

Nitin borrowed some money at the rate of 6% p.a. for the first three years, 9% p.a. for the next five years and 13% p.a. for the period beyond eight years. If the total interest paid by him at the end of eleven years is Rs. 8160, how much money did he borrow?

Rs. 8000

Rs. 10,000

Rs. 12,000

Rs. 10,500

Rs. 14,000

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