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1. |
A person invested a sum of Rs. 18,600 at x% per year and another sum that is twice the former at (x+2)% per year, both at simple interest. If the total interest earned on both investments for $$ {3{1 over 2}}$$ years is Rs.23,110.50, then the rate of interest per year on the second investment is: |
A. | 11 % |
B. | 12.5 % |
C. | 10.5 % |
D. | 13 % |
Answer» C. 10.5 % | |