Question

At what rate of simple interest per anhum will a sum of money double in 8 years?
A. 12.5 %
B. 13.5%
C. 11.5%
D. 14.5%​

Answer 1

Answer:

i think d option is correct answer

Answer 2

Step-by-step explanation:

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.

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