A man 500 for 2 years and 300 for 3 years at the same rate simple interest and required only Rs. 190 as interest. What was the rate% p.a.?

A man 500 for 2 years and 300 for 3 years at the same rate simple i

1.	A man 500 for 2 years and 300 for 3 years at the same rate simple interest and required only Rs. 190 as interest. What was the rate% p.a.?
A.	11%
B.	15%
C.	10%
D.	9%
Answer» D. 9%

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A man 500 for 2 years and 300 for 3 years at the same rate simple interest and required only Rs. 190 as interest. What was the rate% p.a.?

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