Question

find the rate percent if the S.I on₹275 in 2years is₹22.

Answer 1

Hi,
S=P×R×N/100
22=275×R×2/100
R=22×100/275×2
R=100/25
R=4%
THE RATE OF PERCENT IS 4.

Answer 2

Answer:

4 %

Step-by-step explanation:

Principal = Rs. 275

Time = 2 years

Rate of interest = ?

Simple interest = Rs. 22

Formula of simple interest = $SI=\frac{P \times R \times T}{100}$

R is in percent

Substitute the values .

$22 =\frac{275 \times R \times 2}{100}$

$2200 =550 \times R$

$\frac{2200}{550}= R$

$4= R$

Thus rate of percent is 4 %