Rajat lends Rs. 20,000 to two of his friends. He gives Rs.10,000 to th – McqOptions

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1.	Rajat lends Rs. 20,000 to two of his friends. He gives Rs.10,000 to the first at 15% p.a. simple interest. Rajat wants to make a profit of 20% on the whole. The simple interest rate at which he should lend the remaining sum of money to the second friend is
A.	12%
B.	16%
C.	20%
D.	25%
E.	None of these
Answer» E. None of these

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