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A certain sum of money will be doubled in 15 years at the rate of simple interest percent per annum of

a

512%5 frac{1}{2} \%

b

6%6 \%

c

25%25 \%

d

623%6 frac{2}{3} \%

Answer : Option D
Explanation :

Principal = Rs. x = interest

herefore Rate = SI ×100 Principal × Time =frac{ ext { SI } imes 100}{ ext { Principal } imes ext { Time }}

=10015=203=623%=frac{100}{15}=frac{20}{3}=6 frac{2}{3} \% per annum

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