Question

Find the simple interest and rate percent on RS 3400 if the amount becomes RS 3456 in two years​

Answer 1

Answer:

Step-by-step explanation:

A sum of Rs.3200 becomes Rs.3456 in two years at a certain rate of simple interest. What is the rate of interest per annum?

A) 5.5%

B) 6%

C) 4%

D) 4.5%

Correct Answer:

C) 4%