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Question
At what rate percent per annum with simple interest will a sum of money double in 12.5 years?
Options
8
12.5
10
6
MCQ
Solution
8
Explanation:
| P | A | S.I. | t | r | = 8% |
| 100% | 200% | 100% | 12.5 | `(100%)/12.5` |
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Simple and Compound Interest (Entrance Exam)
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