1.

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 Rs. 12,771 as simple interest after 7 years, then how much money did he invest?

A. Rs. 19,350
B. Rs. 19,450
C. Rs. 19,300
D. Rs. 20,000
Answer» B. Rs. 19,450


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