Question

If the interest on ₹1700 for 2 years is ₹340 then find rate of interest​

Answer 1

Step-by-step explanation:

the interest on 1700 rupees is 340 rupees for 2 years the rate of interest must be

ANSWER

P=Rs1700

SI=340

T=2yrs

R=?

SI=

100

P×T×R

1700×2

340×100

=R

Answer 2

Question :-

If the interest on ₹1700 for 2 years is ₹340 then find rate of interest.

given :-

principal = ₹ 1700

time = 2 years

Simple interest = ₹ 340

to find :-

rate of interest = ?

solution :-

let the rate percent be 'r'

si = p× r×t /100

340 = 1700×r×2/100

340 = 3400×r/100

340 = 34×r

rate = 340/34

rate % = 10%

answer :-

rate % => 10%

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