Question

what sum will earn an interest of Rs480 in 3 years of 16 % per year​

Answer 1

Answer:

SI= 480

T=3 years

R=16%

we have,

SI= P×T×R/100

or 480= P× 3× 16/100

or 48000= P×48

or 48000/48= P

:. P= 1000

Step-by-step explanation:

hope it will help you

Answer 2

p=100×480/3×16

=100×10

=1000