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     EduGorilla 
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    Direction: Read the given passage and answer the question(s) that follow.
    An investor makes an investment of Rs 50,000 in a chit fund. The investment doubles in 4 years.

    Find the annual rate of interest for the given circumstances to be true, considering simple rate of interest.

    Options :-

    1. 15 %
    2. 12 %
    3. 8 %
    4. 18 %
    5. 13 %
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Reply To: Direction: Read the given passage and answer the question(s) that follow. An investor makes an inve….
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