Question

at what rate of interest will sum of money double itself in 16⅔ years
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with method
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with method
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subject : Math's​

Answer 1

Answer:

6%

Step-by-step explanation:

The rate of simple interest p.a. at which a sum of money doubles itself in 16 2/3 years = 100/(16 2/3) % = 100 x 3/50 % = 6%