What annual rate was paid if Tk. 60000 earned Tk. 6000 interest in 5 years

What annual rate was paid if Tk. 60000 earned Tk. 6000 interest in 5 years Correct Answer 2%

I = <math xmlns = "http://www.w3.org/1998/Math/MathML"><mfrac><mrow><mi>p</mi><mi>n</mi><mi>r</mi></mrow><mn>100</mn></mfrac></math><math xmlns = "http://www.w3.org/1998/Math/MathML"><mo>&#x21D2;</mo><mi>r</mi><mo> = </mo><mfrac><mrow><mi>I</mi><mo>&#xD7;</mo><mn>100</mn></mrow><mrow><mi>p</mi><mo>&#xD7;</mo><mi>n</mi></mrow></mfrac><mspace linebreak = "newline"/><mo> = </mo><mfrac><mrow><mn>6000</mn><mo>&#xD7;</mo><mn>100</mn></mrow><mrow><mn>60000</mn><mo>&#xD7;</mo><mn>5</mn></mrow></mfrac></math> = 2
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