Correct option is C
Solution:
Simple Interest = (Principal × Rate × Time) / 100
Interest on Rs. 2500 for 2 years = (2500 × R × 2) / 100 = 50R
Interest on Rs. 2000 for 3 years = (2000 × R × 3) / 100 = 60R
Total interest given:
50R + 60R = 110R
Given total interest = 550
So, 110R = 550 R = 5
Correct answer:
(c) 5%


