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Q:

The rate of interest for the first 2 years is 6% p.a., for the next 3 years is 10% p.a., and for the period beyond 5 years is 12% p.a. If a person gets ₹12,771 as simple interest after 7 years, then how much money did he invest?

  • 1
    ₹20,000
  • 2
    ₹19,350
  • 3
    ₹19,450
  • 4
    ₹19,300
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Answer : 2. "₹19,350"

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