[PSSSB JE (CIVIL PUB HEALTH), 2024]

3. Anuradha lent ₹5000 to Gauri for 2 years and ₹7500 to Chandan for 4 years on simple interest at the same rate of interest and received ₹2200 in all from both of them as interest. The rate of interest per annum is

1. 5%

2. 5.5%

3. 10.5%

4. 10%

Correct Answer :

5.5%