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If a sum of money doubles itself in 8 yrs, then the interest rate in percentage is ?

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If a sum of money doubles itself in 8 yrs, then the interest rate in percentage is ?
1). $8\frac{1}{2} \%$
2). 10%
3). $10\frac{1}{2} \%$
4). $12\frac{1}{2} \%$

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Answered by on | Votes 1 |
I think option 4 is the right answer

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