Comprehension Passage
Study the data carefully and answer the following questions carefully.
Bar graph represents the amount invested by A, B and C in scheme 1 and scheme 2
Table represents the time period of investment by A, B and C in scheme 1 and scheme 2
|
Individuals |
Scheme 1(in years) |
Scheme 2(in years) |
|
A |
2 |
3 |
|
B |
4 |
2 |
|
C |
5 |
2 |
Total interest (profit) earned from scheme 1 is Rs.1,00,000
Total interest (profit) earned from scheme 2 is Rs.2,50,000
If interest earned by C in scheme 2 is Rs. 12,000 then find at what rate he earned profit.
1
6% per annum
2
7% per annum
3
8% per annum
4
9% per annum
5
10% per annum