A) \[16\frac{2}{3}%\]
B) \[7.5%\]
C) \[8\frac{1}{3}%\]
D) \[10%\]
Correct Answer: C
Solution :
Let the principal be Rs. x \[\therefore \] Amount = Rs. 2x \[\therefore \] Interest = Rs. \[(2x-x)\]= Rs. x \[\therefore \] Rat\[=\frac{\text{SI }\!\!\times\!\!\text{ 100}}{\text{Principal }\!\!\times\!\!\text{ Time}}\text{=}\frac{x\times 100}{x\times 12}=\frac{25}{3}=8\frac{1}{3}%\]You need to login to perform this action.
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