Business Studies, asked by zamirbaheej, 2 months ago

• At what simple interest rate percent per annum a sum of money will be double of itself in 25 years

Answers

Answered by Anonymous

3

Answer:

p=X

a=2x

r=r

t=25 years

si=a-p

si=2x-x

si=X

si=prt/100

X=x*r*25/100

4x/X=r

rate =4%

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