aniciesCCE. Pattern Based QuestionsAnswers(w) F(G) F4.20%6. 500 – InterviewSolution

1.	aniciesCCE. Pattern Based QuestionsAnswers(w) F(G) F4.20%6. 500
Answer» a sum of money doubles in 6 yearsLet the sum of money that's principal be x. Time = 6years Amount after 6 years becomes double = 2x Therefor, Simple Interest = Amount - Principal = 2x-x = x Rate per annum = SI×100/ P×T = x×100/x×6 = 100/6 = 50/3 = 16.66 % approx

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