Rs.41.75 was paid as the interest on Rs.835 at 25/4% per annum. If the date of lending was 5 January 2009, find the date up to which the interest was paid.
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Answer:
5 January 2029
Step-by-step explanation:
I=(p*r*t)/100,
t= (I*100)/(p*r)
t= (41.75*100)/ 835*25/4
t= 20
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