Mathematics
NULL
Medium
Question
Find the simple interest on Rs 500 at 6% p.a. from 3 May to 15 July in the same year.
A
Rs.8
B
Rs.6
✓ Official correct answer
C
Rs.4
D
Rs.9
Community credibility
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A
Rs.8
No member explanations yet for this option.
B
Rs.6
No member explanations yet for this option.
C
Rs.4
No member explanations yet for this option.
D
Rs.9
No member explanations yet for this option.
Explanation
Days = 28 (May) + 30 (June) + 15 (July) = 73. SI = 500 × 6 × 73/(100 × 365) ≈ Rs 6.