Question

What rate gives 250 as interest in sum of 5000 in 2 year

Answer 1

The answer , i.e, the rate percent will be 10% p.a.

Answer 2

Answer:

$\red { Rate (R) } \green {= 2.5\% }$

Step-by-step explanation:

$Principal (P) = Rs \: 5000 ,\\Time (T) = 2 \: years ,\\Simple \:Interest (S.I ) = Rs\:250 , \\Let \: the \: rate = R\%$

$\boxed { \pink { R = \frac{ s.i \times 100 }{PT} }}$

$R = \frac{ 250 \times 100 }{ 5000 \times 2}\\= \frac{5}{2} \\= 2.5\%$

Therefore.,

$\red { Rate (R) } \green {= 2.5\% }$

•••♪