Question

If the interest on 1800 rupees is 360 rupees for 2 years the rate of interest must be
options
13 p.c.p.a
10 p.c.p.a
5 p.c.p.a
14 p.c.p.a​

Answer 1

Answer:

=Rs1700

SI=340

T=2yrs

R=?

SI=

100

P×T×R

1700×2

340×100

=R

R=10%

=10 p.c.p.a