find the interest on a deposit of 4000/- from
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Principal = Rs 4000
Rate = 1%
Time = Jan 1 day + Feb 29 days + March 31 days + April 17 days = 78 days = 78/365 year
Now SI = Rs 4000*1*78/100*365
= Rs 8.55
Rate = 1%
Time = Jan 1 day + Feb 29 days + March 31 days + April 17 days = 78 days = 78/365 year
Now SI = Rs 4000*1*78/100*365
= Rs 8.55
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