16. The CI earned by a sum of sooney in 2 years at 8 per cent per annumis Rs. 832. Find the sum.
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Answer:
832
Step-by-step explanation:
16+2+8+22=858 is the correct
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The CI earned by a sum of sooney in 2 years at 8 per cent per annumis Rs. 832. Find the sum.
We are given that the C.I. on a sum of money for 2 years is Rs. 832 and the S.I. on the same sum for the same period is Rs. 800. So we have that simple interest for 1st year is Rs 400 and the compound interest for 1st year with being Rs 400.
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