If the interest on $1700$ rupees is $340$ rupees for $2$ years the rate of interest must be

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Solution

$P = R s 1700$
$S I = 340$
$T = 2 y r s$
$R = ?$

$S I = \frac{P \times T \times R}{100}$

$\frac{340 \times 100}{1700 \times 2} = R$

$R = 10 %$

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If the interest on 1700 rupees is 340 rupees for 2 years the rate of interest must be

P=Rs1700SI=340T=2yrsR=?SI=P×T×R100340×1001700×2=RR=10%

If the interest on $1700$ rupees is $340$ rupees for $2$ years the rate of interest must be

$P = R s 1700$
$S I = 340$
$T = 2 y r s$
$R = ?$

$S I = \frac{P \times T \times R}{100}$

$\frac{340 \times 100}{1700 \times 2} = R$

$R = 10 %$