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At what percent rate of interest per annum will a sum of money double itself in 10 years |
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Answer» LET THE PRINCIPAL BE 1000 AND THE INT. OF 10 YEARS WOULD ALSO BE 1000 SO THAT ON ADDING THIS INT. THE AMT. WILL BE DOUBLE OF THE PRINCIPAL... 1000*R/100*10=1000 RATE=10% HOPE IT WILL HELP U . YOU ALSO CAN TAKE ANY OTHER PRINCIPAL...... |
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