The slip \( S \) in an induction motor is given by the formula:
\[
S = \frac{f_s - f_r}{f_s} \times 100
\]
Where:
- \( f_s \) is the synchronous frequency, and
- \( f_r \) is the rotor frequency.
For a 50 Hz, 2-pole motor, the synchronous speed \( N_s \) is:
\[
N_s = \frac{120 \times f_s}{P} = \frac{120 \times 50}{2} = 3000 \, \text{rpm}.
\]
The slip is calculated as:
\[
S = \frac{50 - 2}{50} \times 100 = 2.4%.
\]