A sum of Rs. 725 is lent in the beginning of a year at a certain rate of interes

  • 0 replies
  • 168 views
*

Offline mechanic

  • *****
  • 2504
    • View Profile
    • Engineering Forum
Question: A sum of Rs. 725 is lent in the beginning of a year at a certain rate of interest. After 8 months, a sum of Rs. 362.50 more is lent but at the rate twice the former. At the end of the year, Rs. 33.50 is earned as interest from both the loans. What was the original rate of interest?

Options are:

A.     3.6%
B.     4.5%
C.     5%
D.     6%
E.     None of these

Correct answer is:


E.     None of these