Question

5. At what rate of simple interest will the sum double itself in 2 years?​

Answer 1

Answer:

So, the required answer is 14.870%.

Answer 2

Answer:

The answer is simple ..in logic ---100% of the interest when given doubles it self...

Step-by-step explanation:

Such as i have suppose Rs.200 and and if i got Rs.100 more then the interest must be..50%So i got half of Rs.200 and so 100% of it will give Rs.200 more - which equals..Rs.200+ Rs.200=Rs.400...

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