Examveda
Examveda

In a certain duration of time, a sum become 2 times itself at the rate of 5% per annum simple interest. What will be the rate of interest if the same sum becomes 5 times itself in the same duration?

A. 20%

B. 16%

C. 10%

D. 18%

Answer: Option A


This Question Belongs to Arithmetic Ability >> Interest

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