At what rate per cent will ₹16000 amount to ₹ 20000 in two years?
Answers
Answered by
1
Step-by-step explanation:
A=Rs20000
p=Rs16000
si=20000-16000=Rs4000
t=2years
r=si×100/p×t
r=4000×100/16000×2
r=100/8=12.5%
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Answered by
0
ANSWER
Step-by-step explanation:
Simple Interest =20000 - 16000=4000
rate=(4000×100)÷(16000×2)
400000÷320000=12.50%
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