railway RPF SI Mock Test Series 2024 Quantitative Aptitude Interest Simple Interest

Some amount get double in 8 years at the rate of simple interest. Find the rate of interest.

1
\(12 \frac{1}{2} \%\)
2
12%
3
\(12 \frac{2}{3} \%\)
4
\(8 \frac{2}{3} \%\)
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