Math, asked by geetat998, 2 months ago

F. At what rate ₹ 56000 will give ₹ 2500 as a interest in 2 years?

Answers

Answered by asahilthakur

4

Answer:

2.23%

Step-by-step explanation:

Let the Rate be R.

Principal (P) = Rs.56000

Simple Interest (SI) = Rs.2500

Time (T) = 2 years

SI = PRT/100

=> 2500 = 56000 × R × 2/100

=> R = 2.23%

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