Mathematics for FinanceMTP Nov 18Question 1272 of 479
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A lent 6000\displaystyle 6000 to B for 2\displaystyle 2 years and 1500\displaystyle 1500 to C for 4\displaystyle 4 years and received total interest of 900\displaystyle 900 from both. The rate of interest when simple interest method calculated.

Options

A5%\displaystyle 5\%
B6%\displaystyle 6\%
C7.5%\displaystyle 7.5\%
D9%\displaystyle 9\%
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Correct Answer

Option c7.5%\displaystyle 7.5\%

All Options:

  • A5%\displaystyle 5\%
  • B6%\displaystyle 6\%
  • C7.5%\displaystyle 7.5\%
  • D9%\displaystyle 9\%

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