Multiple choice

Find the sum on which simple interest is Rs.1 for one day with 5% rate per annum. वह धनराशि ज्ञात कीजिये जिस पर 5 प्रतिशत वर्षिक साधारण ब्याज दर से 1 रू प्रतिदिन का ब्याज प्राप्त होता है ।

  1. Rs./रु.3650

  2. Rs./रु.36500

  3. Rs./रु.730

  4. Rs./रु.7300

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Daily interest at 5% per annum = P × (5/100) × (1/365) = 1. Solving: P = 100 × 365/5 = Rs. 7300. Option D is correct.