Question

What sum will yield $144 as S.I. in 21/2 years at 16% per annum? *​

Answer 1

Step-by-step explanation:

let the principal be $p

S.I=$144

time=21/2 yrs

rate=16%per annum

a/q ,

144=(p×21×16)/(100×2)

or,144=336p/200

or,p=(144×200)/336

::p=$85.714(approx.)