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What rate gives ₹280 as interest …

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What rate gives ₹280 as interest on a sum of ₹56000 in 2 years

Posted by Harsh Vardhan 5 years, 11 months ago

CBSE > Class 07 > Mathematics

1 answers

Yogita Ingle 5 years, 11 months ago

SI = P×R×T/ 100

Rs280 = 56000×x×2/100

Rs280 = 560×2x

280/ 560 = 2x

1/2 = 2x

1/2×2=x

1/4 = x

0.25 = x

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