At what rate per cent per annum simple
interest will a sum of Rs. 100 becomes Rs. 300
in 16 years? Answer is 12.5%
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Step-by-step explanation:
(n-1)× 100 = rt
science the sum tripled =n=3
(3-1)×100 = 16r
= r 200/16 = 12.50%
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