Question

Assam of 16000 earns a simple interest of 2560 in 2 years find the rate of interest per annum

Answer 1

Answer:

si=ptr/100

2560=(16000×2×r)/100

(2560×100)/32000=r

r=8%

Answer 2

Answer:

8%

Step-by-step explanation:

S.I = P×T×R/100

2560 = (1600×2×R)/100

(2560×100)/3200 = R

R = 8%

Hope it's help you. ....