1972) What date gives Rs 280 as interest an on a sum
of Rs 56,000 in 2 years? plz answer this question I will Like you and mark as brainliest. Plz Plz Plz Plz ot is herebly request Plz
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1972) What date gives Rs 280 as interest an on a sum
of Rs 56,000 in 2 years? plz answer this question I will Like you and mark as brainliest. Plz Plz Plz Plz ot is herebly request Plz
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Verified answer
Answer:
0.25%
Step-by-step explanation:
We have,
P=Rs.56000,
T=2years,
SI=Rs.280
We know that,
SI=
100
P×R×T
280=
100
56000×R×2
R=
2×560
280
R=0.25%
Hence, the value of the rate is 0.25%.