CUET Preparation Today
The sum of money that will give Rs.1 as interest per day at the rate of 5% per annum at simple interest is: |
Rs.3650 Rs.36500 Rs.370 Rs.7300 |
Rs.7300 |
SI = \(\frac{PRT}{100}\) SI = 1 Per day SI for 365 days = Rs.365 365 = \(\frac{P\;×\;5\;×\;1}{100}\) P = Rs.7300 |
