$A$ money lender lends ₹ $400$ for $3$ $years$ to a person and ₹ $500$ for $4$ $years$ to another person at the same rate of simple interest. If altogether he receives ₹ $160$ as interest,what is the rate of interest per annum (in $\%$)?

  • A
    $5$
  • B
    $7$
  • C
    $9$
  • D
    $10$

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