what sum of money lent out at 16%per annum simpke intrest would produce rs9690 as intrest in 2 years
Answers
Answered by
1
S.I=P*R*T/100
LET P=X
9690=X*2*16/100
X=969000/32
X=30281.25
LET P=X
9690=X*2*16/100
X=969000/32
X=30281.25
ellie3:
HOPE IT HELPS
Answered by
2
Principle=9690rs
Rate=16 per annum
Time = 2 years
Simple interest = P*R*T/100
9690*16*2/100
3100. 8
It's the answer
Hope it will help you
Rate=16 per annum
Time = 2 years
Simple interest = P*R*T/100
9690*16*2/100
3100. 8
It's the answer
Hope it will help you
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