Sumit borrowed certain sum on simple interest at 6 percent per annum for the first 1st year, at 7 percent for the next 2 years, at 8 percent for the next 3 years and at 10 percent for the period beyond 6 years. If he pays Rs. 3200 as total interest at the end of 8 years, then what was the sum (in Rs.) that he borrowed?
💬 Comments (0)