If the interest on 1700 rupees is 340 rupees for 2 years the rate of interest must be 12%,15%,4%,10%
Answers
Answered by
32
the rate of interest will be 10 percent
Answered by
35
amt=1700+340=2040.
therefore
340=1700*r*2/100
=34000=3400*r
therefore
r=34000/3400=10%
therefore
340=1700*r*2/100
=34000=3400*r
therefore
r=34000/3400=10%
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