The rate of interest on a sum of money is per annum for the first 2 years. per annum for the next 4 years and per annum for the period beyond 6 years. If the simple interest accrued by the sum for a total period of 9 years is Rs. 1120, what is the sum?
A. Rs. 1500
B. Rs. 2000
C. Rs. 2500
D. Rs. 4000
Answer:B
The rate of interest on a sum of money is per annum for the first 2 years. per annum for the next 4 years and per annum for the period beyond 6 years. If the simple interest accrued by the sum for a total period of 9 years is Rs. 1120, what is the sum?
A. Rs. 1500 B. Rs. 2000 C. Rs. 2500 D. Rs. 4000