On what sum of money does the S.I for 10 years at 5 % become Rs 16000?
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Answered by
1
Answer:sum of money is 3200/-,on which S.I for 10years at 5% become Rs1600.
Step-by-step explanation:
Answered by
0
Given:
We have to find the sum.
As we know that the formula to calculate the simple interest is:
We are solving in the following way:
We have,
=>
Solving the above we get,
The sum =
Hence, the sum will be Rs.
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