Question

    Farhan invested a certain amount of money 8 years ago.

    He put his money at the rate of 5% for the first 2 years, 7% per annum for the next 4 years and 9% per annum for the period beyond 6 years. If at the end of the period he got Rs 1400 as simple interest, then what was his principal sum?
    A Rs. 3500 Correct Answer Incorrect Answer
    B Rs. 2500 Correct Answer Incorrect Answer
    C Rs. 3000 Correct Answer Incorrect Answer
    D Rs. 2200 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

     

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