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Mr. A lent Rs. 5000 to Mr. B for 2 years and Rs. 3000 to Mr. 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. What will be the rate of interest per annum?
5%
7%
9%
10%
10%
Practice and solve "Mr. A lent Rs. 5000 to Mr. B for 2 years and Rs. 3000 to Mr. C for 4 years on simple interest at the..." for Electrical - Economics for Engineers. The correct answer is Option D: 10%. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Option **(d) **