Ankita borrowed some money from at the rate of 6 per annum for the first 3 year the rate of 9 per an...........

Quantitative Aptitude ( CCS) Simple Interest

Ankita borrowed some money from at the rate of 6% per annum for the first 3 year, @ the rate of 9% per annum for the next 5 year and @ the rate of 13% per annum for the period beyond 8 year. If she pays a total interest of Rs.8160 at the end of 11 year. How much money did she borrow?

10000

8000

6000

4000

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Explanation:

T1=3, T2=5, T3= Period beyond 8 year, so T3= total years-8 = 11-8 =3
Let the amount borrowed = P
[(P*6*3)/100 (P*9*5)/100 (P*13*3)/100] = 8160
[102P/100] = 8160
P=8000