Question

at th
will
3. Find
12
inte
4. In
(A) 8,000
(C) 9,000
(B) * 7,000
(D) * 12,000
16. Find the principal that shall earn interest of 2,800
at 5% per year in 8 years -​

Answer 1

Answer:

₹7000/-

Step-by-step explanation:

interest = 2,800

r%= 5%

t=8 years

I=PTR/100

P=100×I/(T×R)

P= 100×2800/(8×5)

P= 100×70

P= ₹7000/-