Find the simple interest on Rs 7300 from 1st January to... – Arithmetic

Arithmeticmedium · Past Paper

Find the simple interest on Rs 7300 from 1st January to 14th March 2023 at 5% per annum.

ARs 72

BRs 73

CRs 75

DRs 80

✓ Correct Answer: B — Rs 73

Days = 31(Jan)+28(Feb)+14(Mar) = 73 days. T = 73/365 = 1/5 years. I = (7300*0.2*5)/100 = 73.

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