A certain sum of money lent out at simple interest amount ₹ 1380 in 3 years and ₹ 1500 in 5 years. Find the rate percent per annum.

A certain sum of money lent out at simple interest amount ₹ 1380

1.	A certain sum of money lent out at simple interest amount ₹ 1380 in 3 years and ₹ 1500 in 5 years. Find the rate percent per annum.
A.	3%
B.	3.5%
C.	4%
D.	5%
Answer» E.

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A certain sum of money lent out at simple interest amount ₹ 1380 in 3 years and ₹ 1500 in 5 years. Find the rate percent per annum.

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