Question

Calculate the simple interest on 2,000 for the period of 21 May, 2004
to 9 March, 2005 at the rate of 5% per annum:​

Answer 1

Answer:

let the no. of days from 21 May 2004 to 9 March 2005 be = x

then simple Interest = P×R×T/100

S.I = 2000×5×x/100

S.I = 100x

hope it works