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A sum of money doubles itself in 8 years at simple interest · What is the rate of interest per annum?
10%
12.5%
15%
8%
12.5%
Practice and solve "A sum of money doubles itself in 8 years at simple interest · What is the rate of interest per annum?..." for RRB JE CBT-1 - Arithmetic · The correct answer is Option B: 12.5%. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "A sum of money doubles itself in 8 years at simple interest · What is the rate of interest per annum?..." for RRB JE CBT-1 - Arithmetic · The correct answer is Option B: 12.5%. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.