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Suppose a certain sum doubles in 2 years...

Suppose a certain sum doubles in 2 years at r % rate of simple interest per annum or at R% rate of interest per annum compounded annually. We have

A

`rltR`

B

`Rltr`

C

R=r

D

can’t be decided

Text Solution

Verified by Experts

The correct Answer is:
B
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