Find the simple interest on Rs 4000 at 20% per annum for the period from 2nd March 2016 to 4th May 2016.  Choose the correct choice.
A) Rs. 133.1
B) Rs. 228.1
C) Rs. 131.1
D) Rs. 128.1
E) Rs. 138.1
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   Always remember that the day on which money is deposited is not counted while the day on which   money is withdrawn is counted.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 = (29+30+4)= 
<gadget id="calculator">(29+30+4)</gadget>
<output>63</output>
63/365 years= 1/5 years   P = 4000   R = 20%   S.I. = =4000Ã—20Ã—0.17260273972/100=138.1   Answer: Rs. 138.1
<result>E</result>
Find the simple interest on Rs 4000 at 20% per annum for the period from 2nd March 2016 to 4th May 2016.