Question

6. Seema received Rs 2000 as interest on the sum of Rs 20,000 after 1 year So the rate of interest
was​

Answer 1

Answer:

10% is the rate of interest

Step-by-step explanation:

×$\frac{2000}{20000} * 100 = 10%$

Hope u understood

Answer 2

Answer:

10%

Step-by-step explanation:

Interest earned on 20000 amount is 2000 that means it was invested at 10% interest rate.

As interest rate = Interest/Amount * 100

i.e , Rate = 2000/20000 * 100

Rate = 10%