Question

Arvind deposited 42,650 in his bank 16 . account he withdrew $ 25,160 the very next day what is the remaining balance in his account.



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Answer 1

Answer:

According to the question,

Amount = Rs.3144.

Rate = 8 \%

Let, Principal=Rs.x

Time=30+29+31+30+31+30+31+7366=219366

∴SI=P×R×T100

3144−x=x×8×219100×366=Rs.3000