Question

on a certain sum of money, the compund intrest for 2 years is rs 304.5 and the simple interest for the same period of time is rs 290. the rate of interest per annum​

Answer 1

Answer:

10 % is the correct answer

Step-by-step explanation:

290 is the the sum of 145 and 145 so the difference is 14.5 now 14.5 is clearly the 10% of 145 so clearly 10% will be the rate of of percent interest