The area A of a rhombus is given by:
Area = (1/2) × d₁ × d₂
where d₁ and d₂ are the diagonals.
The perimeter of the rhombus is 40 cm, so the length of each side is:
Side length = 40 / 4 = 10 cm
One diagonal is given as d₁ = 16 cm. Since the diagonals bisect each other at right angles, each half-diagonal forms a right-angled triangle with the side of the rhombus.
Applying the Pythagorean theorem:
(d₁ / 2)² + (d₂ / 2)² = Side²
Substituting d₁ = 16 and Side = 10:
(16 / 2)² + (d₂ / 2)² = 10²
8² + (d₂ / 2)² = 100
64 + (d₂ / 2)² = 100
(d₂ / 2)² = 36 ⇒ d₂ / 2 = 6
d₂ = 12 cm
Area = (1/2) × 16 × 12
= 96 sq. cm
Thus, the correct answer is (C) 96 sq. cm.