In a bank, I deposited a sum of ₹730 and took an interest of ₹40 after a certain period. If the simple interest rate was 10% per annum, What was the time after which I earned the interest?
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there was I mistake to write days so I cut it
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Answer:
200 days
Step-by-step explanation:
P = Rs. 730
I = Rs. 40
R% = 10%
Time = x
I = (PTR)/100
40 = (730*10*x)/100
40 = 7300x/100
40 = 73x
x = 40/73 years
Days- (40/73)*365 = 200
= 200 days
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