Question:The simple interest on Rs.`1820` from March `9,1994` to may `21,1994` at `7 1/2` rate will be 

A `Rs. 29` 
B `Rs. 28.80` 
C `Rs.27.30` 
D `Rs. 22.50` 

+ Answer
C 

+ Explanation
March April May

`22 + 30 + 21`

`= 73 days `

`= 73/365 year`

`= 1/5 year`

:. Interest

`= Rs.(1820 xx 1/5 xx 15/(2 xx 100))`

`= Rs.27.`

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