Arun borrowed a sum of money from Jayant at the rate of 8% per annum simple inte

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Arun borrowed a sum of money from Jayant at the rate of 8% per annum simple interest for the first four years, 10% per annum for the next 6 years and 12% per annum for the period beyond 10 years. If he pays a total of Rs. 12160 as interest only at the end of 15 years, how much money did he borrow?

Options:

A . Rs. 8000

B . Rs. 9000

C . Rs. 10000

D . Rs. 12000

Answer: Option A

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