Q: A person deposited ₹500 for 4 years and ₹ 600 for 3 years at th – McqOptions

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1.	Q: A person deposited ₹500 for 4 years and ₹ 600 for 3 years at the same rate of simple interest in a bank. Altogether he received ₹ 190 as interest. The rate of simple interest per annum was
A.	0.04
B.	0.05
C.	0.02
D.	0.03
Answer» C. 0.02

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