Question

at what rate per cent will rs 1600 amount to rs 20000 in two years​

Answer 1

Step-by-step explanation:

r=? A=2000 , P=1600, T=5 YRS

S.I=A-P=400

S.I=

100

P×R×T

400=

100

1600×R×5

16×5

400

=R

R=5%