A sum of money at simple interest amounts to Rs. 500 in 3 years and Rs. 600 in 5 years. What is the rate of interst?

1
\(13 \frac{1}{7} \% \)
2
\(14 \frac{2}{7} \% \)
3
\(12 \frac{1}{3} \% \)
4
\(9 \frac{1}{4} \%\)

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