QA – Placement Quizzes | Simple Interest | Question 14
A sum of money doubles itself in 10 years at simple interest. What is the rate of interest?
(A) 11
(B) 15
(C) 20
(D) 10
Answer: (D)
Explanation: SI = P
P = P X R X 10/100
R= 10 %
Quiz of this Question
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