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Q:

A lent ₹ 5000 to B for 2 years and ₹ 3000 to C for 4 years on simple interest at the same rate of interest and received ₹ 2200 in all from both as interest. The rate of interest per annum is

  • 1
    $$7{1\over8}\%$$
  • 2
    10%
  • 3
    7%
  • 4
    5%
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Answer : 2. "10%"

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