A sum of money doubles itself in 10 years at a simple interest rate. What is the

Practice Questions

Q1
A sum of money doubles itself in 10 years at a simple interest rate. What is the rate of interest?
  1. 5%
  2. 10%
  3. 15%
  4. 20%

Questions & Step-by-Step Solutions

A sum of money doubles itself in 10 years at a simple interest rate. What is the rate of interest?
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