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1. |
A lent Rs. 5000 to B for 2 years and Rs. 3000 to C for 4 years on simple interest at the same rate of interest and received Rs. 2200 in all from both of them as interest. The rate of interest per annum is |
A. | 0.07 |
B. | 0.05 |
C. | 0.1 |
D. | 0.08 |
Answer» D. 0.08 | |