Question (49/66)
At what rate percent of simple interest will a sum of money double itself in 12 years ?(A) 8.25%
(B) 8.33%
(C) 8.50%
(D) 9.25%
Question (50/66)
Sum of money amounts to USD 9800 after 5 years and USD 12005 after 8 years at the same rate of simple interest. What is rate of interest per annum ?(A) 12%
(B) 13%
(C) 14%
(D) 15%