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Mr. X lent Rs. 400 to Mr. Y for 2 years and Rs. 100 to Mr. Z for 4 years and received together from both Rs. 60 as interest. What will be the simple rate of interest?
5%
6%
8%
9%
5%
Practice and solve "Mr. X lent Rs. 400 to Mr. Y for 2 years and Rs. 100 to Mr. Z for 4 years and received together from ..." for Electrical - Economics for Engineers. The correct answer is Option A: 5%. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Option **(a) **