A sum of money amounts to Rs.7500 in 5 y...

A sum of money amounts to Rs.7500 in 5 years, and to 8,500 in 7 years at simple interest at the same rate of interest. The rate of interest per annum is:

A

`12%`

B

`9%`

C

`8%`

D

`10%`

Verified by Experts

The correct Answer is:

D

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