Question

ii) What is the rate percent p.a.
when Rs. 800 yields Rs. 80
interest in 2 years.​

Answer 1

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Answer 2

Step-by-step explanation:

I = P × R × T /100

80 = 800 × R × 2 /100

80 = 8× R × 2

80 = 16 × R

R = 16/80

R = 5 %