Question

What rate gives rupees 280 as interest on a sum of rupees 56,000 in 2 years ?​

Answer 1

Answer :

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Answer 2

Answer:

p= 56000

r =?

i = 280

t= 2 yeard

i = p×r×t /100

280 = 56000*r*2/100

28000/56000×2 = R

1/4 = R