Question:
A sum of money doubles itself on simple interest in 10 years. Find the rate of interest per annum.
A sum of money doubles itself on simple interest in 10 years. Find the rate of interest per annum.
Updated On: Mar 18, 2024
- 10%
- 12%
- 12.5%
- 8%
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The Correct Option is A
Solution and Explanation
The correct answer is(A): 10%
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