Find the simple interest on ₹2,000 at 8.25% per annum for the period from 7 February 2022 to 20 April 2022.

Correct option is D

Given:

Principle (P) = ₹2000

Rate of interest (R) = 8.25%p.a.

Time (T) = 7 Feb 2022 to 20 April 2022

Formula Used:

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

Solution:

Time from 7 Feb 2022 to 20 April 2022 = 73 days

Rate of interest for per day = $$\frac{8.25}{365}\%$$​​

SI = $$\frac{2000 \times \frac{8.25}{365} \times 73}{100}$$​​

= ₹33