Question

A potter took 39000 from the Panchayat Development
Fund at 8% per annum and finally paid 39046 to
clear his dues. How many days did the potter take to
repay the loan?​

Answer 1

Hi friend here is your answer

Given that

Principal = 39000

Rate = 8%

interest = 39046

Time = SI × 100 ÷ P × R

= 39046 × 100 ÷ 39000 × 8

= 3904600 ÷ 312000

= 12