Get Started
1335

Q: An amount doubles itself in 15 years. what is the rate of interest ?

  • 1
    7.85 %
  • 2
    9.41%
  • 3
    6.66 %
  • 4
    4.21 %
  • Show Answer
  • Workspace

Answer : 3. "6.66 %"
Explanation :

Answer: C) 6.66 % Explanation: Let the principle be Rs. PAs the amount double itself the interest is Rs. P tooSo P = P x r x 15/100=> r = 100/15 = 20/3 % = 6.66 %.

Previous Next
Quantitative Aptitude IIT JEE CAT GRE Bank Exams GATE

The Most Comprehensive Exam Preparation Platform

Get the Examsbook Prep App Today