A man deposited Rs.6100 at 5% p.a. and took it back when the interest amounted to Rs.122. For how many days was the sum on deposit?
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Answered by
3
Answer:
50 days
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Answered by
1
Answer:
146 days
Step-by-step explanation:
Principal= Rs 6100
Rate = 5 percent
Time = ?
Interest = Rs 122
Therefore, Time = Interest x 100/ Principal x Rate
Time = 122 x 100/ 6100 x 5
= 122 x 1 / 61 x 5
= 2 x 1 / 1 x 5
= 2/5 years
1 year = 365 days
Therefore, 2/5 years = 365 x 2/5
= 73 x 2/1
= 146 /1
= 146 days
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