Answer:
₹2020
Step-by-step explanation:
The formula to find the principal is:
= SI x 100/Rate x Time
= 16160 x 100/4 x 8
= ₹2020
T = 4 years
R = 8 %
SI = 16160
[tex]P = \frac{16160 \times 100}{8 \times 4} [/tex]
[tex] \:\:\:\: = ₹ 50500[/tex]
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Answers & Comments
Answer:
₹2020
Step-by-step explanation:
The formula to find the principal is:
= SI x 100/Rate x Time
= 16160 x 100/4 x 8
= ₹2020
Verified answer
T = 4 years
R = 8 %
SI = 16160
[tex]P = \frac{16160 \times 100}{8 \times 4} [/tex]
[tex] \:\:\:\: = ₹ 50500[/tex]