À sum of m oney
becomes 16 time
of it self in a years at a certain
rate of c. I Find the tate of
interest Per annum
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Answer:
Here, interest is to become equal to the principal in 16 years.
Suppose principal =x
Then amount =2x
∴ Interest =x
R=
P×T
SI×100
=
100×16
100×100
=
4
25
=6
4
1
%
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