Question

find the rate when Principal =Rs 2400 SI=Rs 240 and Time = 2 years​

Answer 1

Answer:

10%

Step-by-step explanation:

we know that

SI = P×R×T

putting the given values in the formula

240= 2400×(R/100)×2

R/100 = (240)÷(2400)

R/100=1/10

R=100÷10

R=10%

Answer 2

The answer is 5%.

Hope this will help you.