what sum of money lent out at 16% per annum simple interest would produce rupees 9600 as interest in 2 years
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Answered by
16
x/96=16x2
x/96=32
x=96x32
=3072
this answer may be wrong
i am sorry if wrong
x/96=32
x=96x32
=3072
this answer may be wrong
i am sorry if wrong
Answered by
51
Rate = 16per cent
Time=2yrs
SI=9600
Principal=SI × 100/ T×R = 9600×100/2 ×16 =30,000
this is your answer
Time=2yrs
SI=9600
Principal=SI × 100/ T×R = 9600×100/2 ×16 =30,000
this is your answer
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