Q.1. If the interest on 1700 rupees is 340 rupees for 2 yearsthe rate – InterviewSolution

1.

Q.1. If the interest on 1700 rupees is 340 rupees for 2 yearsthe rate ofinterest must be

Answer»

Interest = Principle × Rate of Interest × Time/100 340 = 1700×2×Rate of Interest / 100 10% = Rate of Interest

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