Math, asked by madhusharma85gwl, 2 months ago

40. Find the Amount to be paid on
16000 rupees borrowed for 1 year at
the rate of 10 % per annum
compounded yearly.

Answers

Answered by santoshkore

1

Answer:

principal =16000

Rate=10%

Time=1years

simple interest = ?

simple interest =p×R×T÷100

16000×10×1÷100

160000÷100

1600

therefore simple interest =1600

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