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If a certain sum of money becomes doubles at simple interest in 12 years, what would be the rate of interest per annum?
8.33%
10%
12%
14%
8.33%
Practice and solve "If a certain sum of money becomes doubles at simple interest in 12 years, what would be the rate of ..." for Electrical - Economics for Engineers. The correct answer is Option A: 8.33%. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Option **(a) **