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Akhil Borrowed a Certain Sum of Money at the Rate

Question 20

Multiple Choice

Akhil borrowed a certain sum of money at the rate of 6%, 9% and 14% for a period of firsttwo years, next three years and beyond the period of five years respectively. If at the end of nineyears, he paid Rs. 8550 as interest, then find the sum of money he had borrowed.


A) rs. 9,000
B) rs.14,000
C) rs.15,000
D) rs.18,000

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