Please wait...
1800-212-7858 (Toll Free)
9:00am - 8:00pm IST all days

or

Thanks, You will receive a call shortly.
Customer Support

You are very important to us

For any content/service related issues please contact on this toll free number

022-62211530

Mon to Sat - 11 AM to 8 PM

A t space w h a t space r a t e space p e r c e n t space p e r space a n n u m space s i m p l e space i n t e r e s t space w i l l space a space s u m space t r e b l e space i n space 16 space y e a r s

Please provide solution to this question

Asked by Topperlearning User 23rd September 2016, 12:06 PM
Answered by Expert
Answer:

L e t space t h e space s u m space b e space R s space 100
t h e r e f o r e space a m o u n t space equals space R s. space 100 space cross times space 3 space equals space R s. space 300
a n d space S I space equals A minus space P space equals space R s. space 300 space minus space R s. space 100 space equals space R s.200
T i m e left parenthesis T right parenthesis space equals 16 space y e a r s
R a t e space equals space fraction numerator S I cross times 100 over denominator P cross times T end fraction equals space fraction numerator 200 cross times 100 over denominator 100 cross times 16 end fraction equals space 25 over 2 percent sign equals space 12 1 half percent sign space p. a space A n s

Answered by Expert 23rd September 2016, 2:06 PM
Rate this answer
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10

You have rated this answer /10

Your answer has been posted successfully!

Chat with us on WhatsApp