Mathematics · Simple Interest
A certain sum is invested on Simple Interest. If it becomes three times itself in 10 years, what is the rate of interest?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 110% per annum
- 220% per annum✓
- 315% per annum
- 430% per annum
Correct answer
20% per annum
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