engineering recuitment BARC Stipendiary Trainee Category II 2023 Mock Test Quantitative Aptitude Interest Simple Interest
A man borrowed a debt of 20,000 rupees of which some part was borrowed at 8% p.a., while rest was borrowed at 12% p.a. If the man paid Rs 26,600 to clear all his debt at the end of 3 years, find the sum borrowed at the higher interest rate?
1
Rs 16,000
2
Rs 15,000
3
Rs 12,500
4
Rs 14,000