Question

if interest on 1700 rs is 340 rs for 2 year the rate of interest is must be what ​

Answer 1

Step-by-step explanation:

S.l=340

p=2040

r=?

t=2

S.l=p×r×t/100

or,340=2040×r×2/100

or,r=340×100/2040×2

or,r=8.3%