Question

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

Answer 1

Answer:

Here,P=Rs.1700

Simple Interest=Rs.340

T=2 years

ATQ

We know that p×r×t/100=SI

1700×r×2/100=340

34r=340

r=340/34

r=10

Hence,Rate=10%p.a

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Answer 2

Step-by-step explanation:

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