Question

Find the time period for which rs.8000 was borrowed at 5% p.a if interest paid is 1600

Answer 1

4 years

Step-by-step explanation:

using interest = p*r*t/100

1600 = 8000*5*t/100

now find the value of t which will come 4 years

Answer 2

Answer:

4 years

hope it helps you