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Question

The simple interest on Rs. 1820 from March 9, 2003 to May 21, 2003 at 7.5% rate will be:

Options:
A .  22.50
B .  27.30
C .  28.80
D .  29
E .  None of these
Answer: Option B
 -   Time = (22 + 30 + 21) days = 73 days = 1  year.     5          S.I. = Rs.   1820 x 15 x 1 x 1    = Rs. 27.30       2 5 100      

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