Question 310871
Basic Facts:
Interest = (Principal x Time x Rate) / 100
Principal = (I x 100)/ (Time x Rate)

Here Interest = 368
Rate = 5.75 (converted the fraction to decimal)
Time = 24 mths = 2 yrs

Principal = (368 x100)/ (2 x 5.75)
= (368 x 100)/ 11.5
= 16000

Amount = Principal + Interest
= 16000 + 368
= 16368