A sum of money at a certain rate per annum of simple interest doubles in the 5 y

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A sum of money at a certain rate per annum of simple interest doubles in the 5 years and at a different rate becomes three times in 12 years. The lower rate of interest per annum is = ?

Options:

A . 15%

B . 20%

C . $${\text{15}}\frac{3}{4}$$ %

D . $$16\frac{2}{3}$$ %

Answer: Option D

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