The sum of money that will give $R s . 1$ as simple interest per day at the rate of $5 % p . a .$ is

R s . 730

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R s . 3650

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R s . 7300

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R s . 36500

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Solution

The correct option is A $R s . 7300$
Interest is paid Rs.1 per day then
Annual interest $= R s .365$ , Rate $= 5 % p . a .$ .
$∴$ Sum $= \frac{365 \times 100}{5 \times 1} = R s . 7300$ .

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The sum of money that will give Rs.1 as simple interest per day at the rate of 5%p.a. is

The correct option is A Rs.7300Interest is paid Rs.1 per day thenAnnual interest =Rs.365, Rate =5%p.a..∴ Sum =365×1005×1=Rs.7300.

The sum of money that will give $R s . 1$ as simple interest per day at the rate of $5 % p . a .$ is

The correct option is A $R s . 7300$
Interest is paid Rs.1 per day then
Annual interest $= R s .365$ , Rate $= 5 % p . a .$ .
$∴$ Sum $= \frac{365 \times 100}{5 \times 1} = R s . 7300$ .