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1. |
A person invested a sum of Rs. 9000 at r% per annum at simple interest and a sum of Rs. 13500 at (r – 2) % at simple interest. If total interest earned on both the investments for 5 years is Rs. 9337.50, then the rate of interest on the first investment is: |
A. | 7.5% |
B. | 8% |
C. | 9.5% |
D. | 10% |
Answer» D. 10% | |