Question

find the rate of interest for which 4000 Rs becomes 4400
Rs in 2 years​

Answer 1

Answer:

Hola mate

Rate = SI * 100/P*T

Si = 400

P = 4000

Time = 2 yrs

So, 400*100/4000*2= 5%

pls mark me to brainliest if you are satisfied with my answer

Answer 2

Answer:

principle=4000

Amount=4400

Simple interest=400

SI =PRT/100

thus, R = 100*SI/P*T

R= 100*400/4000*2

R=40000/8000

R=5%

Step-by-step explanation:

thus rate is 5%