Question

the sum of money double in 10 years. the rate of interest per annum is.​

Answer 1

Answer:

so rate per annum = 10%

Explanation:

Here, we have R= 10% and have to calculate t for the sum of the money (that is P) To double.hence, it will take 10 years for the sum of money to double itself with the the rate of 10% per annum simple interest.

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