Naveen borrowed some money at the rate of p. a. for the first three years, p. a. for the next five years and p. a. for the period beyond eight years. If the total interest paid by him at the end of eleven years is ₹ 8160, how much money did he borrow?
A. ₹ 8000
B. ₹ 10000
C. ₹ 12000
D. Data inadequate
Answer:A
Naveen borrowed some money at the rate of p. a. for the first three years, p. a. for the next five years and p. a. for the period beyond eight years. If the total interest paid by him at the end of eleven years is ₹ 8160, how much money did he borrow?
A. ₹ 8000 B. ₹ 10000 C. ₹ 12000 D. Data inadequate