Question

5.
What sum of money will earn a simple interest of Rs. 38,400 in five years at the rate
of 16% p.a.?
Rs. 7,680
c) Rs. 30,720
Rs. 48,000
d) Rs. 9,600.​

Answer 1

Answer:

500000

Step-by-step explanation:

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Answer 2

Answer:

(16÷100)*48000

0.16*48000

7680 for 1 year

for 5 years

7680*5=38400