Find the simple interest on Rs. 3000 at 6 1/4% per year for the period from 4th Feb., 2005 to 18th April, 2005.
Choose one.
A) 36.5 B) 33.5 C) 35.5 D) 37.5 E) None of them
Time = (24+31+18)= 
<gadget id="calculator">(24+31+18)</gadget>
<output>73</output>
73 days= 73/365 years = 1/5 years.   P = Rs.3000 and R = 6 ¼ %p.a = 25/4%p.a   Therefore, Simple Interest. = Rs.(3,000*(25/4)*(1/5)*(1/100))= Rs.37.50.   Answer is 37.5.
<result>D</result>
Find the simple interest on Rs. 3000 at 6 1/4% per year for the period from 4th Feb., 2005 to 18th April, 2005.