Question

what gives you rate of interest of rs 560 on a sum of rsd 28000 after 2 years .

Answer 1

Step-by-step explanation:

I = P×R×N

560 = 28000×r/100×2

560×100/28000×2=r

1 = r

1% rate of interest of rs 560 on a sum of rsd 28000 after 2 years .