Math, asked by brehwhynoname, 1 day ago

What sum of money lent out at 16 per cent per annum simple interest would produce ₹9600 as
interest in 2 years 6 months?

Answers

Answered by yakanksha274
2

Answer:

Hence, the sum is ₹30,000.

Answered by fr2016315
1

R = 16%

T=2yrs

SI=9600

SI=-Px RxT/100

9600x100/16x2 = P

30000 = P

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