If the interest on 1700 rupees is 340 rupees for 2 years the rate of interest must be __________.
Answers
Answered by
1
Answer:
10%
Step-by-step explanation:
P=Rs1700
SI=340
T=2yrs
R=?
sI = P x T x R /100
340x100 / 1700x2=R
R=10%
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Answered by
1
Answer:
10%
Step-by-step explanation:
pricipal(P) = 1700 rs
total interest (I)=340rs
time(t)=2years
rate of interest (R) = I×100/P×T
=340×100/1700×2
=10%.
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