On what date will Rs 1950 lent on 5th January 2011 amount to Rs 2125.50 at 5 percent per annum simple interest.
Answers
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Step-by-step explanation:
5%of 1950=3.90 Rs
2125.50=1950+x*3.90
x=175.50/3.90
x=45
Here x is no. of days
so, 45 days before means on 21-11-2010
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