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      Question

      What will be the simple interest on Rs. 6,20,000 from

      March 30, 2011 to November 04, 2011 at 12 % p.a?
      A Rs.45,000 Correct Answer Incorrect Answer
      B Rs.45,500 Correct Answer Incorrect Answer
      C Rs.44,000 Correct Answer Incorrect Answer
      D Rs.44,640 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Principal= Rs. 6,20,000, R= 12% p.a., T = 219 days = `(219)/(365)` Year ∴ Simple Interest = `(620000 xx 12 xx 219)/(100 xx 365)` S I = Rs. 44,640

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