A person took some amount with some interest for 2 years, but increase the interest for 1%, he paid Rs.160/- extra, then how much amount he took?	Choose the correct choice from the following answers:	A) s.5500/-	B) s.6000/-	C) s.4000/-	D) s.7000/-	E) s.8000/-
s.8000/-xplanation:   2 years = Rs.160/-   year = 160/2   Rate of Interest = 1%   100/1% × 160/2 = Rs.8000/-   P = Rs.8000/-   Answer: Option s.8000/-
<result>E</result>
A person took some amount with some interest for 2 years, but increase the interest for 1%, he paid Rs.160/- extra, then how much amount he took?