The sum of money that will give rs.1 as interest per day at 5% per annum si
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Rs 1 Interest per day
So Rs. 365 interest in one year
P = ?
t = 1 year
R = 5%
S.I. = 365
S. I. = (P*R*T)/100
365 = (P*5*1)/100
P = 7300 ₹
Hope it helps
So Rs. 365 interest in one year
P = ?
t = 1 year
R = 5%
S.I. = 365
S. I. = (P*R*T)/100
365 = (P*5*1)/100
P = 7300 ₹
Hope it helps
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