Find the rate of interest where Samiksha pays Rs 280 as simple interest on a sum
of Rs 5000 for a period of 2 years.
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What rates gives Rs 280 /- as interest on a sum of Rs 56000 /- in 2 years?
280 as interest on a sum of Rs. 56,000 in 2 years? Hence, the rate of interest on sum is 0.25%.
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