Mathematics for FinancePYQ May 20Question 1306 of 422
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A sum of money triples itself in $18$ years under simple interest, what is the rate of interest p.a.?

Options

A$9\%$
B$9.09\%$
C$11.11\%$
D$13\%$
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Correct Answer

Option c$11.11\%$

All Options:

  • A$9\%$
  • B$9.09\%$
  • C$11.11\%$
  • D$13\%$

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