Question

(2) 24% (3) 12%
(4) 6%
What will be the rate of simple interest, at
which 17500 will become 19250 in
2 yr?
JNV 2016]
45
(1) 12 % (2) 10%​

Answer 1

Answer:

5%

Step-by-step explanation:

19250-17500= 1750

1750=(17500* r *2)/100

1750=(35000*r)/100

1750=350*r

r=1750÷350

r=5%