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A sum of Rs. 825 is lent in the beginnin...

A sum of Rs. 825 is lent in the beginning of a year at a certain rate of interest. After 8 months, a sum of Rs. 412.50 more is lent but at the rate twice the former. At the ned of the year, Rs. 35.75 is earned as interest from the loans. What was the original rate of interest ?

A

A)`3%`

B

B)`3.25%`

C

C)`3.5%`

D

D)`3.15%`

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The correct Answer is:
B
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