What rate gives 280 as interest on the sum of 56000 in 2 years.
If u not know the answer then dont write any thing . Plz ans this as quick as possible
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What rate gives 280 as interest on the sum of 56000 in 2 years.
If u not know the answer then dont write any thing . Plz ans this as quick as possible
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Step-by-step explanation:
Solution :-
Rate = S. I. X 100 / P X T
= 280 X 100/56000X2
=1% per annum
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