Question

(iii) Rate of interest, if I 1600, P=8000 and T = 5 years​

Answer 1

Answer:

640000

Step-by-step explanation:

formula p× R × T× by 100 plz mark me as brainliest

Answer 2

Answer:

$si = \frac{p \times r \times t}{100} \\ = 1600 = \frac{8000 \times r \times 5}{100} \\ = 1600 = 400r \\ = r = \frac{1600}{400 } = 4$

4% is your answer