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The simple interest on a sum of money for 3 years is ₹240 and the compound interest on the same sum, at the same rate for 2 years is ₹170. The rate of interest is
5Q:
The simple interest on a sum of money for 3 years is ₹240 and the compound interest on the same sum, at the same rate for 2 years is ₹170. The rate of interest is
- 1$$7{9\over 17}\%$$false
- 2$$29{1\over 6}\%$$false
- 3$$12{1\over 2}\%$$true
- 4$$5{5\over 17}\%$$false
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