A certain sum of money was deposited in a bank and it got doubled in 10 yr. What is the rate of simple interest?

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Q 2276745676.     A certain sum of money was deposited in a bank and it got
doubled in 10 yr. What is the rate of simple interest?
IBPS-CLERK 2017 Mock Prelims
A

8%

B

15%

C

12%

D

10%

E

14%

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Solution
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

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