$n = \frac{{16}}{{20}} = \frac{4}{5}$
==>$n = {n_1} - {n_2} = \frac{v}{4}\left( {\frac{1}{{{l_1}}} - \frac{1}{{{l_2}}}} \right)$
==>$\frac{4}{5} = \frac{v}{4}\left( {\frac{1}{1} - \frac{1}{{1.01}}} \right) = \frac{{0.01v}}{{4 \times 1.01}}$
$v = \frac{{16 \times 101}}{5} = 323.2\,m{s^{ - 1}}$
The velocity of the wave is $.....ms ^{-1}$ [all the quantities are in SI unit]
