Question

Arjun borrowed Rs. 11,000 at a simple interest rate of 9% p.a., and Rs. 7,000 at 10% p.a. The total interest paid after ‘n’ years was Rs. 6,260. Find the value of ‘n’.

A 3.7 yrs
B 8.5 yrs
C 2.5 yrs
D 5.9 yrs
Practice Next

More Simple and compound interest Questions

Relevant for Exams:

Hey! Ask a query