16. What sum of money will earn a simple interest of Rs. 38,400 in five years at the rate
of 16% p.a.?
a) Rs. 7,680
c) Rs. 30,720
b) Rs. 48,000
d) Rs. 9,600.
Answers
Answered by
3
Answer:
48,000 is the answers of your questions bro
Answered by
2
▪︎The option is c) Rs. 30,720.
Step-by Step Explanation:
Given:
- Principal- Rs. 38,400
- Rate- 16% p.a.
- Time- 5 years
To find:
- Simple Interest
Required Formula:
Here,
- S.I. - Simple Interest
- P - Principal
- R - Rate
- T - Time
Now,
Solution:
Hence, the Simple Interest is Rs. 30,720.
тнαηк үσυ
@itzshivani
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