At what rate of simple interest will a sum of money double itself in 8 years?

A. 10%

B. 8%

C. 12%

D. 12.5%

Doubtly AI Asked 27 Oct 2026 AI-generated · not yet verified ssc cgl Save WhatsApp Report

1 answer

Best answer

Answer: D. 12.5%

Answer: (D) 12.5%

Doubling means SI = P, i.e. 100% in 8 years. Rate = 100 ÷ 8 = 12.5% per annum.

Doubtly AI · 27 Oct 2026 AI-generated · not yet verified Report

Was this answer helpful?