1.

The rate of simple interest on a sum of money is 5% p.a. for the first 4 years, 8% p.a. for the next 3 years and 10% p.a. for the period beyond 7 years. If the simple interest accumulated by the sum over a period of 10 years is Rs. 1,850, then the sum is:

A. Rs. 1,650
B. Rs. 2,750
C. Rs. 2,500
D. Rs. 1,500
Answer» D. Rs. 1,500


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