Question

3. If Rs 4000 was lent on 5th March 2005, find the
date on which this will amount to Rs 4200 at
5% per annum simple interest.​

Answer 1

Answer:

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Step-by-step explanation:

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Answer 2

Answer:

P-4000

A-4200

R-5

T-?

Formula to find time is -S.I*100/P*R

So,First we have to find S.I

S.I=A-P

=4200-4000

=200

•T=200*100/4000*5

•T=1yr

Therefore

Ans will be 5th March 2005 to 5th March 2006

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