$500 will become $1000 in 6 years find the rate of interest?
Choose the correct choice.
A) A)16.67%
B) B)20%
C) C)25%
D) D)30%
E) E)50%
SI = simple interest = 16.67%-P = 1000-500= 
<gadget id="calculator">1000-500</gadget>
<output>500</output>
$500   R= 100SI/PT = 100*500/500*6 =16.67%   16.67%nswer is 16.67%
<result>A</result>
$500 will become $1000 in 6 years find the rate of interest?