Answer:
The required rate of interest = 14.285%
Step-by-step explanation:
Here, The principal amount = 7,000
The final paid amount = 9,000
Time = 2 years
Let us assume the rate of interest = R
Now, Simple Interest = Amount - Principal
= 9,000 - 7,000 = 2,000
So, the SI on the given principal for 2 years = 2,000

or, R = 14.285%
Hence, the required rate of interest = 14.285%
<h2>Greetings!</h2><h3>When expanding brackets, you simply multiply whatever is inside the brackets by what is outside:</h3>

<h3>Which would result in the answer being:</h3>

<h2>Hope this helps!</h2>