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

Picture below................................-example-1
User Ajberry
by
8.7k points

1 Answer

5 votes

Answer:0.02 aka 2%

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%

User Ola Ekdahl
by
8.2k points

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