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The rate of simple interest on a sum of money is 6 percent per annum for first 3 years, 8 percent per annum for the next 5 years and 10 percent per annum for period beyond 8 years. If simple interest accrued by the sum for a total period of 10 years is Rs 1560, What is the sum? |
A) Rs 1500 B) Rs 3000 C) Rs 2000 D) Rs 5000 Correct Answer : Rs 2000 Explanation : Let the sum is x |