Suresh borrowed some money at the rate of 6% p.a. for the first three years, 9% p.a. for the next five years and 13% p.a. for the period beyond eight years. If the total interest paid by him at the end of 11 years is Rs.8160, how much money did he borrow?

• using the formula S.I=P*T*R/100
  (x*6*3/100)+(x*9*5/100)+(x*13*3/100)=8160
  x=8000
  i.e money borrowed is Rs.8000
• 9 years agoHelpfull: Yes(0) No(0)
• using the formula S.I=P*T*R/100
  (x*6*3/100)+(x*9*5/100)+(x*13*3/100)=8160
  x=8000
  i.e money borrowed is Rs.8000
• 6 years agoHelpfull: Yes(0) No(0)