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

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

1.	A sum of money doubles itself in 10 years at simple interest. What is the rate of interest?
A.	5%
B.	8%
C.	10%
D.	2%
Answer» D. 2%

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

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