Math, asked by jasleen68101, 18 days ago

The difference between simple interest on a sum of money for 5 years and for 3 years at 5% per annum is 1600. Find the sum.

Answers

Answered by piwaniyasunitav85

0

Answer:

6400

Step-by-step explanation:

ATQ, DIFFERENCE = 1600

P(5)(5)/100 - P(5)(3) = 1600

AFTER SOLVING P = 16000

THEREFORE SUM = (16000)(5)(5) /100 + (16000)(5)(3)/100

=6400

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