Mathematics for FinanceMTP Nov 21Question 1332 of 422
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If a sum triples itself in $15$ years at simple rate of interest, the rate of interest per annum will

Options

A$13\%$
B$13.3\%$
C$13.5\%$
D$13.0\%$
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Correct Answer

Option b$13.3\%$

All Options:

  • A$13\%$
  • B$13.3\%$
  • C$13.5\%$
  • D$13.0\%$

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