calculate the interest of Rs.2000 at rate of simple intrest 6%annum from 1st January to 26th may 2005
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Answer:
PLZ MARK AS BRAINLIEST
Step-by-step 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Always remember that the day on which money is deposited is not counted while the day on which money is withdrawn is counted.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) days = 73/365 years = 1/5 years
P = 2000
R = 25/4%
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