Q: The simple interest on a sum of money for 3 years is ₹240 and the – McqOptions

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1.	Q: 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
A.	$$7{9\over 17}\%$$
B.	$$29{1\over 6}\%$$
C.	$$12{1\over 2}\%$$
D.	$$5{5\over 17}\%$$
Answer» D. $$5{5\over 17}\%$$

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