Arun lends ₹ $20,000$ to two of his friends. He gives ₹ $12,000$ to the first at $8 \%$ p.a. simple interest. Arun wants to make a profit of $10 \%$ on the whole. The simple interest rate $\%$ at which he should lend the remaining sum of money to the second friend is

  • A
    $8$
  • B
    $16$
  • C
    $12$
  • D
    $13$

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₹ $1500$ is invested at a rate of $10 \%$ simple interest,and the interest is added to the principal after every $5$ years. In how many years will it amount to ₹ $2500$?

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