Question

interest for rs. 4000 for 2 years is rs. 1120, then the rate of interest is​

Answer 1

prt=interest

4000×2×r/100=1120

r=1120×100/4000×2

hence r=14%

Answer 2

Answer: 14 percent

Step-by-step explanation:

P= 4000 rupees

R = 1120 rupees

T = 2 years

SI = P*R*T/100

1120 = 4000*R*2/100

SOLVING THE EQUATION

1120 = 80*R

TAKING 80 ON THE OTHER SIDE

R = 14 % (ANSWER)

HOPE IT WILL HELP YOU