A person Y borrowed some money of Rs. 8000/- for simple interest at the rate of 6% per annum for the first 3 years, 9% per annum for next 5 years and 13% per annum for the period beyond these 8 years. If the total interest paid by Y at the end of nth year is Rs. 8160/- then find the value of n.
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Time and work, speed, interest, analytical reasoning7 questions
Asked in 1 of 2 sittings since 2016
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2024
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Most tested: Applied quantitative reasoning through relative speed/time-work and basic deduction puzzles.
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