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Find the rate of simple interest per ann...

Find the rate of simple interest per annum, if a sum borrowed becomes double in 5 years.

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To find the rate of simple interest per annum when a sum borrowed becomes double in 5 years, we can follow these steps: ### Step-by-Step Solution: 1. **Understand the Problem**: We need to find the rate of simple interest (R) when the principal amount (P) doubles in 5 years. 2. **Identify the Variables**: ...
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