SSC Selection Post 2025 PYQ — Question 43

SSC Selection Post - Matriculation Level - 1st August 2025 - Shift 1 • Quantitative Aptitude • Q43

If a sum doubles itself in 8 years at simple interest, what is the rate of interest per annum?

Show answer & explanation

Correct answer: A

Explanation

Simple Interest = Principal

P × R × 8/100 = P

8R = 100

R = 12.5%