a sum of money double itself in 8 years what is the rate of interest
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Answer: Time,8years
Let p=x
Then A=2x
S.I=2x-x
=x
Rate=?
Rate=si*100/p*t
.......=x*100/x*8
.............=25/2%
Ans=rate=12.5%
Step-by-step explanation:
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