Find the Simple Interest on Rs.5000 at 6.25% per annum from 5th February 2017 to 19th April 2017.

Correct option is D

Given:
Principal = Rs.5000, Rate = 6.25% per annum, Time = (From 5th February 2017 to 19th April 2017)
Formula Used:
Simple Interest = $$\frac{P \times R \times T}{100}$$​​
Solution:
Time period from 5th February 2017 to 19th April 2017
​$$= 73 days = \frac{73}{365} years = \frac{1}{5} year$$​​
Simple Interest = $$\frac{5000 \times 6.25 \times \frac{1}{5}}{100} = Rs. 62.50$$​​