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Hari Lal and Hari Prasad have equal amou...

Hari Lal and Hari Prasad have equal amounts. Hari Lal invested all his amount at `10%` compounded annually for 2 years and Hari Prasad invested `1//4` at `10%` compound interest (annually) and rest at `r%` per annum at simple interest for the same 2 years period. The amount received by both at the end of 2 year is same. What is the value of r?

A

`14%`

B

`12.5%`

C

`10.5%`

D

`11%`

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The correct Answer is:
C
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