what sum of money gives S.I of rs .160 at 5% p.a in 4 years give answer in full step by step
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Step-by-step explanation:
Simple Interest = PRT/100 or P×R×T/100
Principal = 5
Rate = 160
Time = 4
So, simple Interest = 5× 160×4/100 = 3200 / 100 = 32 ( ans)
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