Question

a sum double itself in 8 years at simple interest find the rate of interest per annum​

Answer 1

Step-by-step explanation:

12.5% per annum

At what rate percent per annum will a sum of money double in 8 years. Rate = [(100 x P)/ (P x 8)]% = 12.5% per annum.

hope this helps you.......

Answer 2

Answer:

the answer and explanation given above Is correct✅