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Find the simple interest (in closest integral ₹) on ₹3,000 at 6% per annum rate of interest for the period from 9 February 2024 to 10 April 2024.
Question

Find the simple interest (in closest integral ₹) on ₹3,000 at 6% per annum rate of interest for the period from 9 February 2024 to 10 April 2024.​

A.

29

B.

28

C.

30

D.

31

Correct option is C

Given:

Principal (P) = ₹3,000

Rate of interest (R) = 6% per annum

Time period: From 9 February 2024 to 10 April 2024

We need to find the simple interest for this period.

Formula Used:

SI = P×R×T100\frac{P \times R \times T}{100}​​

Solution:

From 9 February 2024 to 10 April 2024:

T = 61366 years\frac{61}{366} \text{ years}​​

Now, 

SI = 3000×6×61366100\frac{3000 \times 6 \times \frac{61}{366}}{100}​​

3000100\frac{3000 }{ 100}​​

= 30 

The simple interest is approximately ₹30

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