Ram lent Rs. 6,000/– to Shiva for 3 years and Rs. 8,000/– to Krishna for 5 years at the same rate of simple interest per annum. He got a total interest of Rs. 5,220 from both. Find then rate of interest per annum.
A. 6%
B. 7%
C. 8%
D. 9%
1
A
2
D
3
C
4
B