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A sum of Rs.4700 is doubled in 6 yeaRs. ...

A sum of Rs.4700 is doubled in 6 yeaRs. under simple interest at a certain rate of interest. The interest is Rs.____________.

A

2350

B

4700

C

9400

D

Cannote be determined

Text Solution

Verified by Experts

The correct Answer is:
B
`A=P+1" and "A=2P`
I=P
`:.I=Rs.4700`
Hence, the correct option is (b).
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