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What rate gives Rs .280 as …

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What rate gives Rs .280 as interest on a sum of Rs 56,000 in 2 years

Posted by Muskan Khurana 6 years, 11 months ago

CBSE > Class 07 > Mathematics

1 answers

Yogita Ingle 6 years, 11 months ago

SI = rs 280

Principal = rs 56000

Time = 2 years

Rate = ?

SI = P× R × T/ 100

280 = 56000×R×2/100

280 = 560× 2 x R

2R = 280/560

2R= 1/2

R = 1/2÷2/1

R = 1/2×1/2

Rate= 0.25

3Thank You

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CBSE > Class 07 > Mathematics