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ankit

· started a discussion

· 1 Months ago

sir how can we say it is a question of S.I..it might be of CI

Question:
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, then the money borrowed by him was – 
Options:
A) Rs. 12000
B) Rs. 6000
C) Rs. 8000
D) Rs. 10000
Solution:
Ans: (c)


Sachin goyal

· commented

· 1 Months ago

in case of CI it will be clearly mentioned there

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