Mathematics · Simple Interest
A sum of money becomes three times itself at 5% per annum simple interest. At what rate percentage per annum will it become six times itself in the same time period?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 114%
- 210.5%
- 312.5%✓
- 411%
Correct answer
12.5%
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