# QA – Placement Quizzes | Simple Interest | Question 13

The rate of interest for the first 2 yrs is 3% per annum, for the next 3 years is 8% per annum and for the period beyond 5 years 10% per annum. A person deposited some money 6 years back. Now he earns an interest of RS. 1520. What money did he deposit?**(A)** 3600**(B)** 5000**(C)** 3800**(D)** 4100**Answer:** **(C)****Explanation:** Say Deposited money is P.

1520 = P X 3 X 2/100 + P X 8 X 3/100 + P X 10 X 1/100

1520 = P . 40/100

P = 1520 X 100/ 40

P = 3800

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