Q193
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 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 111/3 years, then the loan taken initially is:
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 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 years, then the loan taken initially is:
A.
Rs. 13,600
B.
Rs. 12,500
C.
Rs. 10,000
AnswerD.
Rs. 12,000
Answer: Option C
Solution
Answer: Option C
Solution: