Question

At what rate per cent per annum simple interest will a sum a double of itself in 8​

Answer 1

Answer:

12.5% per annum

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.

Answer 2

Answer:

Answer:

12.5% per annum

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.

Explanation:

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