Find the simple interest (in Rs.) on Rs. 2000 at 6.75% per annum rate of interest for the period from 3 February 2023 to 17 April 2023.

Correct option is C

Given:

Principal (P) = Rs. 2000

Rate of interest (R) = 6.75% per annum

Time period: 3 February 2023 to 17 April 2023

Formula Used:

1 year = 365 days

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

Solution:

Count number of days from 3 Feb to 17 Apr 2023

February 2023: 28 days → 28 - 3 = 25 days 

March 2023: 31 days

April 2023: 17 days

Total = 25 + 31 + 17 = 73 days

T = $$\frac{73}{365}$$ years

Applying the formula; 

SI = $$\frac{2000 \times 6.75 \times \frac{73}{365}}{100}$$​​

= $$\frac{13500 \times \frac{1}5}{100}$$​​

= 27