- Have any questions?
- [email protected]
- Home
- Find the simple interest on the Rs.
Question 1:
Find the simple interest on the Rs. 2000 at 25/4% per annum for the period from 4th Feb 2005 to 18th April 2005 A. Rs 25
Feedback Always remember that the day on which money is deposited is not counted while the day on which money is withdrawn is counted.
So lets calculate the number of days now,Time = (24+31+18) days = 73/365 years = 1/5 years ,P = 2000,R = 25/4%
S.I. = =2000×25/4×5×100=25
So lets calculate the number of days now,Time = (24+31+18) days = 73/365 years = 1/5 years ,P = 2000,R = 25/4%
S.I. = =2000×25/4×5×100=25
B. Rs 30
C. Rs 35
D. Rs 40
These questions are from this test. Would you like to take a practice test?