Mathematics for FinanceMTP Nov 18Question 1272 of 422
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A lent $6000$ to B for $2$ years and $1500$ to C for $4$ years and received total interest of $900$ from both. The rate of interest when simple interest method calculated.

Options

A$5\%$
B$6\%$
C$7.5\%$
D$9\%$
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Correct Answer

Option c$7.5\%$

All Options:

  • A$5\%$
  • B$6\%$
  • C$7.5\%$
  • D$9\%$

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