Question

A person deposited ₹ 500 for 2 years, ₹ 600 for 5 years and ₹ 1000 for 6 years all at the same rate of simple interest. If he received the total simple interest of ₹ 1000, then what is the rate of interest per annum?

A 15%
B 20%
C 5%
D 10%
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