Question

In how many days will :
1) the interest on Rs 1500 be Rs 16.50 at 5.5 %?
2) the interest on Rs 3800 will amount to Rs 60.80 at 4 % ?

Answer 1

1)t= (16.50×100)/(1500×5.5)
=1/5 year
=1/5 ×365 days
=73 days
2) t =(60.80×100)/(3800×4)
=76/190year
=76/190×365days
=146 days

Hope twll help u......