At 16%rate of simple interest,a sum of money will be Rs.25000 in 6 months.find the money invested
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Answered by
1
Answer:
Rs. 26,041.67.
Step-by-step explanation:
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Answered by
0
Answer:
Rate= 16%
Principal=Rs.25000
Time=6 months i.e. 1/2 year
S.I.= P*R*T/100
= 25000 * 16 * 1 / 2* 100
= 4000/ 2
= Rs.2000.
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