Find the simple interest on Rs. 3000 at 6 1/4% per annum for the period from
4th Feb., 2005 to 18th April, 2005.
Choose the correct choice from the following choices
A) Rs.36.50
B) Rs.37.50
C) Rs.35.50
D) Rs.32.50
E) Rs.33.50
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   S.I. = Rs.(3,000*(25/4)*(1/5)*(1/100))= Rs.37.50.   Remark : The day on which money is deposited is not counted while the day on which money is withdrawn is counted   Answer is Rs.37.50.
<result>B</result>
Find the simple interest on Rs. 3000 at 6 1/4% per annum for the period from
4th Feb., 2005 to 18th April, 2005.