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Q: A sum of money triples itself in 8 years simple interest. Find the rate of percent per annum?

  • 1
    30%
  • 2
    25%
  • 3
    22%
  • 4
    18%
  • Show Answer
  • Workspace

Answer : 2. "25%"
Explanation :

Answer: B) 25% Explanation: The rate of percent R is given by,

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