Question

what rate gives rupees 280 as interest on the sum of rupess 56000 in 2 years ??​

Answer 1

Step-by-step explanation:

We have,

 P=Rs.56000,

 T=2years,

 SI=Rs.280

 We know that,

SI=100P×R×T

280=10056000×R×2

 R=2×560280

 R=0.25%

 Hence, the value of the rate is 0.25%.

Answer 2

Answer:

right answer is

0.25%

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