at what rate percent per annaum will the simple interest on 6700 be 1876 in 4 years
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The simple interest on a sum for 5 years is Rs 16800. The rate of interest for the first 3 years is 8% per annum and for the next 2 years is 12% per annum.
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At what rate percent per annum will a sum of money double in 8 years.
A) 12.5%B) 13.5%C) 11.5%D) 14.5%
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