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%
