Question

A bank offered a unique loan to Abhay of 10 years wherein the rate of interest for the first 2 years is 8% that for the next 5 years is 12% and that for beyond 7 years is 15%.If the amount that Abhay paid back to the bank was Rs.1,87,500 in total then the amount that he received as loan was ?
plz give explanation

Answer 1

Answer:

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