The rate at which a sum of money will double in 7 years in percent is a 125 b 1375 c 1428 d 1125 NIFT UG

The Eduladder is a community of students, teachers, and programmers just interested to make you pass any exams. So we solve previous year question papers for you.
In eduladder you can Ask,Answer,Listen,Earn and Download Questions and Question papers.
Watch related videos of your favorite subject.
Connect with students from different parts of the world.
Apply or Post Jobs, Courses ,Internships and Volunteering opportunity. For FREE
See Our team
Wondering how we keep quality?
Got unsolved questions?

NIFT-UG-->View question

## The rate at which a sum of money will double in 7 years in percent is: (a) 12.5 (b) 13.75 (c) 14.28 (d) 11.25 (NIFT-UG)

The rate at which a sum of money will double in 7 years in percent is:
(a) 12.5 (b) 13.75 (c) 14.28 (d) 11.25 (NIFT-UG)

Asked On2019-04-11 15:16:23 by:naikaumprakash

Taged users:

Likes:
Be first to like this question

Dislikes:
Be first to dislike this question
Talk about this  Delete  Like  Dislike

### Watch more videos from this user Here

Eduladder videos are community generated video contents which we deliver to you according to the content you are browsing.We are constantly working on video delivering algorithms in order to give you the best experiance as possible

Learn how to upload a video and start earning here

Answers
A = P ( 1 + TR /100)

2x= x ( 1+ 7 R /100)

2x / x = 1+ 7 R /100

2-1 = 7R/100

R =100/7

At 14.28% simple interest, a sum of money doubles itself in 7 years.
Answer is C

Answerd on:2019-05-16 Answerd By:RSHAH12

Likes:
|RSHAH12

Dislikes:
Be first to dislike this answer
Talk about this  Delete  Like  Dislike

### Watch more videos from this user Here

Eduladder videos are community generated video contents which we deliver to you according to the content you are browsing.We are constantly working on video delivering algorithms in order to give you the best experiance as possible

Learn how to upload a video and start earning here

Lets together make the web is a better place

We made eduladder by keeping the ideology of building a supermarket of all the educational material available under one roof. We are doing it with the help of individual contributors like you, interns and employees. So the resources you are looking for can be easily available and accessible also with the freedom of remix reuse and reshare our content under the terms of creative commons license with attribution required close.

You can also contribute to our vision of "Helping student to pass any exams" with these.
Answer a question: You can answer the questions not yet answered in eduladder.How to answer a question
Career: Work or do your internship with us.Work with us
Create a video: You can teach anything and everything each video should be less than five minutes should cover the idea less than five min.How to upload a video on eduladder