What rate gives RS 280 as interest on a Sumof RS 56,000in 2 yeare ? – InterviewSolution

1.	What rate gives RS 280 as interest on a Sumof RS 56,000in 2 yeare ?
Answer» -STEP explanation:0.25 percent per yearHence, the rate of the SIMPLE INTEREST that gives Rs 280 as interest on a sum of Rs 56,000 in 2 years is 0.25 percent per YEAR.

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