At what rate of simple interest per annum an amount will be doubled in 10 years?
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Answer:
10.per cent
Step-by-step explanation:
Let principal be₹100
Amount is double of principal which is₹200
Simple Interest =amount -principal
=200-100
= 100
Simple Interest =PTR/100
100=100*10*R*/100
100=1000R/100
100=10R
R=100/10
=10=ANSWER
here R is rate
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