At what rate percent per year will a sum double itself in 25/4 years ? – InterviewSolution

1.	At what rate percent per year will a sum double itself in 25/4 years ?
Answer» Simple interest CASE:Sum doubles if Sum = Principal + interest = 2 P => interest = principal Interest = principal = P = P R t = > r t = 1 r = 1/t = 4/25 or (4/25) * 100% = 16% PER yearI hope it's help youplease make me brainlests

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