The sum of money will be thrice itself in 15 years and simple interest find rate of interest? Choose the correct option
A) A)12.33%
B) B)13.33%
C) C)14.33%
D) D)15.33%
E) E)16.33%
T = 15 years   P= principle amount = x   A = total amount = 3x   SI = simple interest = A-P = 3x-x = 2x   R = 100SI/PT = 100.2x/15x =13.33%   Answer is 13.33%
<result>B</result>
The sum of money will be thrice itself in 15 years and simple interest find rate of interest?