Question

If the interest on rupees 1700 is rupees 340 for 2years the rate of interest must be what p.c.pa?​

Answer 1

Step-by-step explanation:

Given:

Principal (P) = 1500 rupees,

Rate of interest (R) = 9%

Time (T) = 2 years

Total interest (I) = P×R×T100

=1500×9×2100

= 270 rupees

Now, total amount = P + I

= 1500 + 270

= 1770 rupees

Hence, Rihanna will get the total amount of 1770 rupees.