Question
The simple interest on Rs. 1820 from March 9, 2003 to May 21 ,2003 at `7 1/2`% rate will be :
Answer: Option B
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Time = (22 + 30 + 21 ) days = 73 days = `1/5` year
`:.` S.I. = Rs. `(1820 xx 15/2 xx 1/5 xx 1/100)` = Rs. 27.30
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