

MCQOPTIONS
Saved Bookmarks
1. |
A person invested one - fourth of the sum of Rs. 25,000 at a certain rate of simple interest and the rest at 4% p.a. higher rate. If the total interest received for 2 years is Rs. 4,125, what is the rate at which the second sum was invested? |
A. | 9.5% |
B. | 9.25% |
C. | 5.25% |
D. | 7.5% |
Answer» C. 5.25% | |