MCQOPTIONS
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| 1. |
A man takes a loan of some amount at some rate of simple interest. After three years, the loan amount is doubled and rate of interest is decreased by 2%. After next 5 years, if the total interest paid on the whole is Rs. 13,600, which is equal to the same when the first amount was taken for \(11 \frac 1 3\) years, then the loan taken initially is: |
| A. | Rs. 12,000 |
| B. | Rs. 12,500 |
| C. | Rs. 13,600 |
| D. | Rs. 10,000 |
| Answer» E. | |