Question

On what sum of money does the S. I. for 10  years at 5% become Rs. 1600.

Rs. 3200

Rs. 320

Rs. 800

5.

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Answer 1

$\huge {\underline{ \mathfrak{ \red A \blue n \green s \pink w \orange e \purple r \red : - }}}$

S.I. = Rs. 1600, R = 5% p.a.

T = 10 years

∴ P = (S.I. × 100)/(R × T) = 1600 × 100/5 × 10 = Rs . 3200

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