Teaching DSSSB PRT 2023 Mock Test Quantitative Aptitude Interest Simple Interest

At what rate of simple interest will a sum of money double itself in 18 years?

1
\(5\frac{5}{9}{\rm{\% }}\)
2
\(5\frac{2}{3}{\rm{\% }}\)
3
\(5\frac{5}{2}{\rm{\% }}\)
4
5%
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