A lent Rs. 5000 to B for 2 years and Rs 3000 to C for 4 years on simple interest at the same rate of interest and received Rs 2200 in all from both of them as interest. The rate of interest per annum is
A.9%
B.10%
FeedbackLet R% be the rate of simple interest then, from question we can conclude that (5000xRx2/100)+(3000xRx4/100)=2200 R=10%
C.11%
D.12%
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