Question

The SI on $16000 is $4500 in 4 year and 6 months what is the rate?​

Answer 1

Step-by-step explanation:

Find the SI on 16000 for 3 yr 3 months at 4% per annum.

\large{ \red{ \bf{solution}}}solution

Principal, P = 16000

time, t = 3 yr 3 months

time, t = 13/4 yrs

rate per annum, r = 4%

\bf \: si = \frac{p \times r \times t}{100}si=

100

p×r×t

\begin{gathered}\tt \: si = \frac{16000 \times 4 \times \frac{13}{4} }{100} \\ \\ \tt \: si = \frac{160\cancel{00} \times \cancel{4} \times \frac{13}{ \cancel{4}} }{ \cancel{100}} \\ \\ \tt \: si = 160 \times 13 \\ \\ \tt \: si = 2080 \end{gathered}

si=

100

16000×4×

4

13

si=

100

160

00

×

4

×

4

13

si=160×13

si=2080

Hence, The SI will be 2080 on pricipal of 16000, for 13/4 yrs, at 4% per annum.