Multiple choice

Find the approximate simple interest on Rs. 2000 from March 9, 2010, to May 21, 2010, at 8.25% per annum.

  1. Rs. 43

  2. Rs. 37

  3. Rs. 33

  4. Rs. 40

  5. Na
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The number of days from March 9 to May 21 is 22 (March) + 30 (April) + 21 (May) = 73 days. Simple interest = (P * R * T) / 100 = (2000 * 8.25 * (73/365)) / 100 = 20 * 8.25 * 0.2 = 33.

AI explanation

Counting the days from March 9 to May 21 gives 22 days in March, 30 days in April, and 21 days in May, totaling 73 days, which is 73 divided by 365 or 0.2 years. Using the simple interest formula, the interest is 2000 multiplied by 8.25 multiplied by 0.2 divided by 100, which equals 33. The approximate simple interest is Rs. 33.

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