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 periodÂ beyond 7 years. If the simple interest accrued by the sum over a period of 10 years is â‚¹1,850, then the sum is:_x005F_x000D_

The rate of simple interest on a sum of money is 5% p.a. for the first

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 periodÂ beyond 7 years. If the simple interest accrued by the sum over a period of 10 years is â‚¹1,850, then the sum is:_x005F_x000D_
A.	â‚¹2,750
B.	â‚¹1,650
C.	â‚¹2,500
D.	â‚¹1,500
Answer» D. â‚¹1,500