Mahesh invested an amount of Rs. 12050 at simple interest. He got an amount of Rs. 13,496 at the end of 2 years. At what rate of interest did he invest ?

Mahesh invested an amount of Rs. 12050 at simple interest. He got a

1.	Mahesh invested an amount of Rs. 12050 at simple interest. He got an amount of Rs. 13,496 at the end of 2 years. At what rate of interest did he invest ?
A.	3 % per annum
B.	4 % per annum
C.	5 % per annum
D.	6 % per annum
Answer» E.

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Mahesh invested an amount of Rs. 12050 at simple interest. He got an amount of Rs. 13,496 at the end of 2 years. At what rate of interest did he invest ?

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