16. What sum of money should be invested for 5 years at 8% p.a. to earn the same interest as Rs 3600 at 10% p.a. for 4 years?
17. If a farmer paid Rs 2025 as interest over 3 years at 2% per annum to a moneylender, how much loan had the farmer taken?
Kindly refer to the following links for the solutions to your queries:
16) https://www.meritnation.com/ask-answer/question/at-8-percent-p-a-to-earn-the-same-interest-as-rs-3600/comparing-quantities/1511100
17) https://www.meritnation.com/ask-answer/question/if-a-farmer-paid-rs-2025-as-interest-over-3-years-at-2-p/comparing-quantities/10957399
16) https://www.meritnation.com/ask-answer/question/at-8-percent-p-a-to-earn-the-same-interest-as-rs-3600/comparing-quantities/1511100
17) https://www.meritnation.com/ask-answer/question/if-a-farmer-paid-rs-2025-as-interest-over-3-years-at-2-p/comparing-quantities/10957399