Deepak lent Rs. 8800 to Jaichand for 13 years and Rs.5500 to Kapil for 12 years on simple interest at the same rate of interest and received Rs.14432 in all from both of them as interest. The rate of interest per annum is ___.

Deepak lent Rs. 8800 to Jaichand for 13 years and Rs.5500 to Kapil for

1.	Deepak lent Rs. 8800 to Jaichand for 13 years and Rs.5500 to Kapil for 12 years on simple interest at the same rate of interest and received Rs.14432 in all from both of them as interest. The rate of interest per annum is ___.
A.	8.5 percent
B.	9 percent
C.	9.5 percent
D.	8 percent
Answer» E.

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Deepak lent Rs. 8800 to Jaichand for 13 years and Rs.5500 to Kapil for 12 years on simple interest at the same rate of interest and received Rs.14432 in all from both of them as interest. The rate of interest per annum is ___.

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