Sonam took a loan of Rs. 5 lakhs for her 4 years course of B Tech. The rate of interest is such that she would be charge

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Q 2330580412.     Sonam took a loan of Rs. 5 lakhs for her 4 years course of B Tech. The rate of interest is such that she would be charged 10% per annum at Compound Interest during her course and 12% CI after the completion of course. She returned half of the amount which had to be paid on the completion of her studies and the remaining after 2 years. What is the total amount returned by Sonam (approximately)?
IBPS-PO 2017 Mock Mains
A

Rs. 7.73 lakhs.

B

Rs. 8.71 lakhs

C

Rs. 9.2 lakhs

D

Rs. 13 lakhs

E

None of these

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Solution
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

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