Question

26. What rate gives Rs 280 as interest on a sum of Rs 56,000 in 2 years. please ans urgently​

Answer 1

Answer:

SI = P×R×T/100

Rs280 = 56000×x×2/100

Rs280 = 560×2x

280/ 560 = 2x

1/2 = 2x

1/2×2=x

1/4 = x

0.25 = x

Answer 2

Answer:

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%

Step-by-step explanation:

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