Question

some money amount rs 1040 by simple interest in two years if the interest two years is rs 40 then rate of interest is

Answer 1

$<marquee>$

$\orange{\boxed{\blue{\boxed{\green{\bold{Hope\: it\: may\:help\:you}}}}}}$

$\orange{\boxed{\blue{\boxed{\green{\bold{Please\: mark\: it\:as\: brainlist}}}}}}$

Answer 2

Answer:

2%

Step-by-step explanation:

A= 1040 S.I= 40

then, A= P+S.I

1040=40+S.I

1040-40= S.I

40= S.I

P= 1000

S.I=P×R×T/100

40=1000×R×2/100

= 2%