Question

Find the rate of interest if P =1000, I= 200,T=2​

Answer 1

Answer:

10

Step-by-step explanation:

R=100I/PT

= 100×200/1000×2

=20000/2000

=10

I HOPE YOU UNDERSTOOD

Answer 2

Answer

Principle (P) = ₹1000

Interest (I) = ₹200

Time (T) = 2 years

$i = \frac{p \times r \times t}{100}$

$200 = \frac{1000 \times r \times 2}{100}$

200 = 20r

Rate of interest (r) = 10%