Question

Practice Set 41
1. If the interest on 1700 rupees is 340 rupees for 2 years the rate of interest must be
(1) 12 % (ii) 15 %
(iii) 4%
(iv) 10%
2. If the interest on 3000 rupees is 600 rupees at a certain rate for a certain number of year​

Answer 1

Answer:

(iv) IS CORRECT ANSWER

Answer 2

10%

Step-by-step explanation:

simple interest = P×R×T/100

340= 1700 × R × 2 / 100

R = 340/34

=10

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