at what rate percent per annum will the simple interest on ₹1200 be ₹120 in 2 years​

1 thought on “at what rate percent per annum will the simple interest on ₹1200 be ₹120 in 2 years​”

1. Answer:

   Interest for 2 years is 1200–1000=200

   Therefore, interest for 1 year is 200/2=100

   Hence, the rate of interest is 100/1000*100=10

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