Aniket borrowed some money at 6% per year for first 3 years, 9% per year for next 5 years and 13% per year for period beyond 8 years. If Rs. 5100 is paid by him as a Simple Interest at the end of 11 years. What was the amount which Aniket borrowed initially?
Options
- Rs. 7500
- Rs. 10000
- Rs. 5000
- Rs. 8500
CORRECT ANSWER : Rs. 5000
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