17
In what time a sum of money double itself at 3% per annum simple interest?
- A29 years
- B33 1/3 years
- C23 1/3 years
- D13 1/3 years
Correct answer: B
Discussion 1
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CCommunity
33 1/3 years
P = (P*3*R)/100
R = 33 1/3%
P = (P*3*R)/100
R = 33 1/3%