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Question 1:
Find the interest on Rs. 800 at 10% per annum for 219 days.
A. 48
Feedback Principal, p = 800 Rs.
Rate of interest, r = 10% and
t = 219 days = 219/365 years
Simple interest = p x t x r / 100
= (800 x 219 x 10) / (365 x 100)
= (800 x 3 x 10) / ( 5 x 100)
= (8 x 3 x 10) / 5
= 240/5
= 48
Interest to be paid is 48 Rs
B. 58
C. 58.25
D. 68.52

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