A man takes a loan of some amount at som...

A man takes a loan of some amount at some rate of simple interest. After three years, the loan amount is doubled and the rate of interest decreased by 2%. After 5 years, if the total interest paid on the whole is Rs13,600, which is equal to the same when the first amount was taken for `11 1/3` years, then the loan taken initially is:

A

Rs 12,000

B

Rs 12,5000

C

Rs 13,600

D

Rs 10,000

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The correct Answer is:

D

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