Question Paper from: IBPS Clerk Mains 2016

Sapna borrowed a certain sum of money from Kavita under the following repayment scheme based on simple interest. 8% p.a. for the initial 2 years, 9.5% p.a. for the next 4 years, 11% p.a. for the next 2 years, 12% p.a. after the first 8 years. Find the amount which a sum of Rs. 9000 taken for 12 years becomes at the end of 12 years?


Rs. 20160


Rs. 22350


Rs. 23470


Rs. 24567


None of these

Chapter Name: Simple Interest

This has been asked in Question Paper

IBPS Clerk Mains 2016


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