Question

What will be the simple interest on Rs. 6,20,000 from March 30, 2011 to November 04, 2011 at 12 % p.a?

Q: What will be the simple interest on Rs. 6,20,000 from March 30, 2011 to November 04, 2011 at 12 % p.

Principal= Rs. 6,20,000, R= 12% p.a., T = 219 days = 219/365 Year &there4; Simple Interest = (620000 ×12 ×219)/(100 ×365) S I = Rs. 44,640

A Rs.45,000

B Rs.45,500

C Rs.44,000

D Rs.44,640

E None of these

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What will be the simple interest on Rs. 6,20,000 from March 30, 2011 to November 04, 2011 at 12 % p.a?

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