Question

1972) What date gives Rs 280 as interest an on a sum
of Rs 56,000 in 2 years? plz answer this question I will Like you and mark as brainliest. Plz Plz Plz Plz ot is herebly request Plz​

Answer 1

Answer:

0.25%

Step-by-step explanation:

We have,

P=Rs.56000,

T=2years,

SI=Rs.280

We know that,

SI=  

100

P×R×T

​  

 

280=  

100

56000×R×2

​  

 

R=  

2×560

280

​  

 

R=0.25%

Hence, the value of the rate is 0.25%.