Question:
The sum of money doubles itself in 8 years at simple interest. The rate of interest is
A10%
B8%
C12 1/2%
D7 1/2%
Answer:
C. 12 1/2%
Explanation:
R=100/N = 100/8 = 12 1/2%
Related Questions:
Question:
A10%
B8%
C12 1/2%
D7 1/2%
Answer:
R=100/N = 100/8 = 12 1/2%
Related Questions: