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Inga [223]
3 years ago
13

Picture below................................

Mathematics
2 answers:
murzikaleks [220]3 years ago
7 0

Answer:0.02 aka 2%

Step-by-step explanation:

2%

Step-by-step explanation:use formula below :

S.I=P×R×T/100

Make the unknown variable subject of the formula

100×S.I/P×T=Rate (R)

R=Rate

S.I =Simple interest

P=principal

T=Time

100×8/200×2=800/400=2%

kotegsom [21]3 years ago
5 0

Answer:

0.08 is the required answer.

Step-by-step explanation:

  • Here, the principal, time and simple interest are given to us. We have to find the rate of interest.

<u>Given formula for finding rate,</u>

Rate = Time × \sf \frac{ Simple\: Interest }{ Principal }

Where,

  • Time = 2 yrs
  • Simple Interest = $ 200
  • Principal = $8

<u>According to the question :-</u>

Rate = Time × \sf \frac{Simple \: Interest}{Principal}.

Substitute the given value of time, simple Interest and principle.

Rate = 2 × 8 / 200

Rate = 16 / 200 = 0.08 %

Hence, the rate of the account is 0.08 .

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