question_answer

Venu borrowed \[\text{Rs}\]1500 at the rate of 11% p.a .for\[2\frac{1}{2}\], years. What amount of money should he pay back after \[2\frac{1}{2}\] years?

A)  \[\text{Rs}\] 1912.50    

B)              \[\text{Rs}\] 1820.50

C)  \[\text{Rs}\] 2135.50    

D)                \[\text{Rs}\]2260.50