On what date will ₹ 1950 lent on 5th January, 2011 amount to ₹ 2125.50 at 5 percent per annum simple interest?
Answers
Answered by
8
Answer:
Simple interest = 2125.50 - 1950= 175.5
T = 100 ×175.5 /1950 × 5
= 1.8
=100×175.51950×5=1.8 year
= (1 year + 0.8 year) = (1 year + 292 days)
So, Rs. 1950 will amount to Rs.2125.50, after (1 year 292 days) from 5th January 2011
=> After 292 days from 5th January 2012
5th Jan to 31st Jan: 27 days
Feb (as 2012 is leap year): 29 days
Mar: 31
Apr: 30
May: 31
Jun: 30
Jul: 31
Aug: 31
Sep: 30
Oct: 22
--------------
Total : 292
Therefore, required date is 23rd Oct 2012
Answered by
3
Answer:
23rd October 1992
Step-by-step explanation:
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