Answer: 10%
Explanation:
The formula to calculate the simple interest (I) is given by :-
Final amount : 
Given : The simple interest earned on a certain amount is double the amount when invested for 10 years.
i.e A = 2P
Put this in equation (2), we get
Put the value of I in (1), we get
Since t=10 years {given} , then
In percent , 
Hence, the interest rate is being offered = 10%
As a business person planning to open a new small business, you know that the business plan should not contain pages and pages of detailed facts and figures.
Hope this helps :)
The best ground on which the defendant ( Company S ) can dismiss the suit filed by the plaintiff (Company T) is the standing to sue.
<h3>What is standing to sue?</h3>
Standing to sue refers to a situation where the plaintiff who has filed the case must prove with appropriate proof of having damages or injuries in respect of the conduct of the defendant.
In the provided case, Company T has to prove that the products of Company S are actually defective through appropriate evidence. If Company T can't able to prove their alleged claim before the court, then the case is decided in the favor of the defendant party, that is, Company S.
Therefore, the standing to sue can be used as a ground by Company S for dismissing the claim of Company T.
Learn more about the standing to sue in the related link:
brainly.com/question/14820416
#SPJ4
