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.0.05
B.0.07
C.0.09
D.0.1
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the answer is 10% is rate
Answered by
1
Answer:
10 percent
Step-by-step explanation:
100R+120R=2200
220R=2200
R=2200/220
R=10
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