A sum of money becomes double in 10 years at a certain rate of interest. find the rate of interest
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Principal =x rupees
AMOUNT = 2x rupees
S.I=A-P=p rupees
Time = 10 years
Rate of interest=100×S.I/P×T
=100×P/P×10
10%p.a.
AMOUNT = 2x rupees
S.I=A-P=p rupees
Time = 10 years
Rate of interest=100×S.I/P×T
=100×P/P×10
10%p.a.
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