state gov WBPSC Clerkship Mock Test 2023 - 24 Quantitative Aptitude Interest Simple Interest

At what rate per cent of simple interest does a sum of money double itself in 12 years?

1

9\(\frac{1}{3}\)%

2

9\(\frac{2}{3}\)%

3

8\(\frac{2}{3}\)%

4

8\(\frac{1}{3}\)%

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