Practice Set 41
If the interest on 1700 rupees is 340 rupees for 2 years the rate of interest must be
(ii) 15%
Answers
Answered by
2
Answer:
rate of interest=interest×100/time×principal
=340×100/2×1700
=10%
so rate of interest=10%
Similar questions
Chemistry,
1 month ago
Math,
1 month ago
Geography,
1 month ago
Geography,
2 months ago
Math,
2 months ago
Social Sciences,
9 months ago
Computer Science,
9 months ago