A person deposited ₹500 for 3 years, ₹650 for 5 years, a

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A person deposited ₹500 for 3 years, ₹650 for 5 years, and ₹1,250 for 7 years. He received a total simple interest of ₹1,620. The rate of interest per annum is:

[SC CGL 17 July 2023 Shift 1 With Answers]

A

13%

B

12%

C

10.8%

D

11%

EXPLANATION

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