The rate of interest for the first 2 yrs is 3% per annum , for the next 3…
2025
The rate of interest for the first 2 yrs is 3% per annum , for the next 3 years is 8% per annum and for the period beyond 5 years 10% per annum . If a man gets Rs 1520 as a simple interest for 6 years , how much money did he deposit ?
- A.
Rs 3100
- B.
Rs 4600
- C.
Rs 5400
- D.
Rs 3800
Attempted by 2 students.
Show answer & explanation
Correct answer: D
