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| 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 | |