Step 1: Write the formula for peak induced emf.
For a rotating coil in a uniform magnetic field, peak induced emf is:
\[
E_0 = NBA\omega
\]
where \( N \) is number of turns, \( B \) is magnetic field, \( A \) is area of coil, and \( \omega \) is angular velocity.
Step 2: Write the given values.
\[
N = 250
\]
\[
B = 2 \times 10^{-2} \, T
\]
\[
f = 60 \, s^{-1}
\]
Step 3: Convert area into SI unit.
Area of rectangular coil is:
\[
A = 20 \, cm \times 15 \, cm
\]
\[
A = 300 \, cm^2
\]
Since \( 1 \, cm^2 = 10^{-4} \, m^2 \),
\[
A = 300 \times 10^{-4} = 3 \times 10^{-2} \, m^2
\]
Step 4: Calculate angular velocity.
\[
\omega = 2\pi f
\]
\[
\omega = 2\pi \times 60
\]
\[
\omega = 120\pi \, rad \, s^{-1}
\]
Step 5: Substitute values in formula.
\[
E_0 = NBA\omega
\]
\[
E_0 = 250 \times 2 \times 10^{-2} \times 3 \times 10^{-2} \times 120\pi
\]
Step 6: Simplify the expression.
\[
250 \times 2 \times 10^{-2} = 5
\]
\[
5 \times 3 \times 10^{-2} = 0.15
\]
\[
E_0 = 0.15 \times 120\pi
\]
\[
E_0 = 18\pi \, V
\]
Step 7: Conclusion.
Thus, the peak value of induced emf is:
\[
\boxed{18\pi \, volt}
\]