Rajan lent Rs. 1200 to Rakesh for 3 years at a certain rate of interest and Rs. 1000 to Mukesh for the same time at the same rate. If he gets Rs. 50 more from Rakesh than from Mukesh, then find the rate percent.
A. 813%
B. 623%
C. 1013%
D. 923%
Rajan lent Rs. 1200 to Rakesh for 3 years at a certain rate of interest and Rs. 1000 to Mukesh for the same time at the same rate. If he gets Rs. 50 more from Rakesh than from Mukesh, then find the rate percent.
A. 813%
B. 623%
C. 1013%
D. 923%