at what rate percent per year will a sum double itself in 6 1/4 years
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Answer:
Let P=Rs.100
Amount =2×Rs.100=Rs.100
Interest =A−P
=Rs.200−Rs.100=Rs.100
T=641 years =425 years
R=P×T100×I=100×1025100×100%=100100×100×254=16%
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