The rate of simple interest at which a sum becomes two times of itself – McqOptions

MCQOPTIONS

1.	The rate of simple interest at which a sum becomes two times of itself in 15 years is:
A.	\(2\frac{1}{2}{\rm{\% }}\)
B.	5%
C.	\(6\frac{2}{3}{\rm{\% }}\)
D.	7.5%
Answer» D. 7.5%

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