A) 9.5%
B) 8.25%
C) 8.5%
D) 8.33%
Correct Answer: D
Solution :
Let the sum \[=Rs.\,P\] \[\therefore \] Amount \[==Rs.\,2P\] \[\therefore \] \[SI=Rs.\,P\] And \[t=12\,yr\] Now, \[P=\frac{P\times r\times 12}{100}\] \[\Rightarrow \] \[r=\frac{100}{12}=8.33%\]You need to login to perform this action.
You will be redirected in
3 sec