state gov UP Police Head Operator (Radio Cadre) Mock Test Quantitative Aptitude Interest Simple Interest
An amount of ₹ 1,450 was given as a loan at the beginning of the year at a certain percentage per annum. After 8 months, another amount of ₹ 725 was given as loan but this time the rate was double than before. At the end of the year, ₹67 was received as interest from both the loans. What was the original interest rate?
1
5.47%
2
13.47%
3
8.47%
4
3.47%