Question

At what rate rs 1600 gives rs 320 as simple interest in 2 years

Answer 1

Answer:interest rate is 10%

Step-by-step explanation:

rate rs 1600 gives rs 320 as simple interest in 2 years

Let, interest rate is r

Then, according to the question,

1600×(r/100) × 2 = 320

, 32r = 320

, r = 10%

Answer 2

Answer:

10 % Rate

Step-by-step explanation:

Refer to the photo above.

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