Question

48. A man borrowed Rs. 200 and paid back
Rs. 250 after 2 years. The rate of interest
per annum is​

Answer 1

Answer:

The answer is 50/4%

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Answer 2

Answer:

The rate of interest per annum is 12.5%...

200 × 25% = 50

200 + 50 = 250

so we get 25% of 2 years so for one year it will be 25÷2

= 12.5%