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Rate of vs. Rate for

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Rate of vs. Rate for [#permalink] New post 30 May 2010, 03:36
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Can you kindly explain the difference between rate for vs. rate of and where each of these are used.

Example:
Rate for liability insurance has risen -- Q72 OG verbal review edition 2.

Thank You!
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Re: Rate of vs. Rate for [#permalink] New post 30 May 2010, 05:55
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Rate of = frequency

Rate for = price

For this example it means to say price of insurance has increased and not frequency.

Please give Kudos if i have helped you understand
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Re: Rate of vs. Rate for [#permalink] New post 30 May 2010, 14:09
mrik wrote:
Rate of = frequency

Rate for = price


Was also confusing these two.. thanks
+1
Re: Rate of vs. Rate for   [#permalink] 30 May 2010, 14:09
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