Questions :
The rate of simple interest on a sum of money is 5% p.a. for the first 4 years, 8% p.a. for the next 3 years and 10% p.a. for the period beyond 7 years. If the simple interest accured by the sum over a period of 10 years is ₹1,850, then the sum is:
Options :
- ₹1500/-
- ₹2750/-
- ₹1650/-
- ₹2500/-
correct answer : d)
