The principal which gives Rs 1 interest per day at a rate of 5% simple interest per annum is = ? Options: A . &nbspRs. 5000 B . &nbspRs. 35500 C . &nbspRs. 7300 D . &nbspRs. 3650

The principal which gives Rs 1 interest per day at a rate of 5% simple interest

Question

The principal which gives Rs 1 interest per day at a rate of 5% simple interest per annum is = ?

Options:

A . Rs. 5000

B . Rs. 35500

C . Rs. 7300

D . Rs. 3650

Answer: Option C

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