Simple Interest - Quantitative Aptitude (MCQ) questions for Q. 29474

Q.  Raman paid Rs. 11400 as interest after 9 years. He had borrowed some money at rate of 6% for first two years, 9% for next three years and 14% for rest of the period. How much money did he borrow?
- Published on 13 Apr 17

a. Rs. 10000
b. Rs. 15000
c. Rs. 12000
d. Rs. 12500

ANSWER: Rs. 12000
simple interest

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