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16. One borrowed Rs.1600 at Rate 15% and paidRs. 1800 after 18 months. The amount he stillowes is...1. Rs. 2003. Rs. 1602. Rs. 2504. Rs. 170

Answer»

SI = P*R*T/100Given P = 1600, R = 15%, T = 18/12 = 3/2

SI = 1600*15*3/200 = 48*15/2 = 360

Amount due after 18 months = 1600 + 360 = 1960

Amount already paid = 1800

Amount he still owes = 1960 - 1800 = Rs 160

(3) is correct option



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