What sum of money borrowed on 24th May will amount to Rs. 10,210.20 on 17th October of the same year at 5% per annum simple interests ?

What sum of money borrowed on 24th May will amount to Rs. 10,210.20 on

1.	What sum of money borrowed on 24th May will amount to Rs. 10,210.20 on 17th October of the same year at 5% per annum simple interests ?
Answer» <html><body><p>The number of days from 24 <a href="https://interviewquestions.tuteehub.com/tag/may-557248" style="font-weight:bold;" target="_blank" title="Click to know more about MAY">MAY</a> to 17 <a href="https://interviewquestions.tuteehub.com/tag/october-584768" style="font-weight:bold;" target="_blank" title="Click to know more about OCTOBER">OCTOBER</a> is,7+30+31+31+30+17=146daysThe total <a href="https://interviewquestions.tuteehub.com/tag/time-19467" style="font-weight:bold;" target="_blank" title="Click to know more about TIME">TIME</a> becomes 365146 .The rate is given as <a href="https://interviewquestions.tuteehub.com/tag/5-319454" style="font-weight:bold;" target="_blank" title="Click to know more about 5">5</a>% per annum.S= 100P×R×T 10210.20= 365×100P×5×146 5×14610210.20×365×100 =PP=Rs510510</p></body></html>