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Q. 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. 5%
  • B. 7%
  • C. 9%
  • D. 10%

Correct Answer: D