Find the simple interest on the Rs. 2000 at 25/4% per annum for the period from 4th Feb 2005 to 18th April 2005 Answers:
A) Rs 25
B) Rs 30
C) Rs 35
D) Rs 40
E) None of these
Explanation:   One thing which is tricky in this question is to calculate the number of days.   Always remember that the day on which money is deposited is not counted while the day on which money is withdrawn is counted.   So lets calculate the number of days now,   Time = (24+31+18)= 
<gadget id="calculator">(24+31+18)</gadget>
<output>73</output>
73/365 years= 1/5 years   P = 2000   R = 25/4%   S.I. = =2000×25 /4×5×100=25   Option Rs 25
<result>A</result>
Find the simple interest on the Rs. 2000 at 25/4% per annum for the period from 4th Feb 2005 to 18th April 2005