Question

A potter took 9000 from the Panchayat Development Fund at 8-% per annum and finally paid 79046 to 9 clear his dues. How many days did the potter take to repay the loan?​

pls step by step

Answer 1

Answer:

Potter takes 23 days to repay the loan.

Step-by-step explanation:

Since we have given that

Principal = Rs. 9000

Amount = Rs. 9046

So, Interest would be

\begin{gathered}Interest=Amount-Principal\\\\Interest=9046-9000\\\\Interest=46\end{gathered}Interest=Amount−PrincipalInterest=9046−9000Interest=46

Rate of interest = \dfrac{73}{9}\%973%

According to question, it becomes,

\begin{gathered}46=\dfrac{9000\times 73\times t}{900\times 365}\\\\46=\dfrac{10\times t}{5}\\\\46=2t\\\\t=\dfrac{46}{2}\\\\t=23\ days\end{gathered}46=900×3659000×73×t46=510×t46=2tt=246t=23 days

Hence, Potter takes 23 days to repay the loan.

# learn more:

6. A potter took 9000 from the Panchayat Development

Fund at 81/9% per annum and finally paid 39046 to

clear his dues. How many days did the potter take to

repay the loan?