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A sum of money at simple interest doubles itself in 10 years.Find the rate percent per annum​
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A sum of money at simple interest doubles itself in 10 years.Find the rate percent per annum​

User Stephen Oberauer
by
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1 Answer

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doubles the interest means rate in 10year=200%

Now

No of years=10

ANNUAL interest=200/10=20%

User McX
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