A sum of money triples itself in twelve years at simple interest. Find the rate of interest?

A sum of money triples itself in twelve years at simple interest. F

1.	A sum of money triples itself in twelve years at simple interest. Find the rate of interest?
A.	12 1/2 % p.a.
B.	14 4/7 % p.a.
C.	15 2/3 % p.a.
D.	13 3/8 % p.a.
Answer» E.

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A sum of money triples itself in twelve years at simple interest. Find the rate of interest?

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