please any buddy answer this question of no 2
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→ Given : Rs 2000 at the rate of simple interest of 6% per annum from 1st January to 26th May, 2005
→ To Find : Interest
→ 1st January to 26th May
→ January - 31
→ February - 28 (2005 is not leap year)
→ Marc - 31
→ April - 30
→ May - 26
= 31 + 28 + 31 + 30 + 26
= 146
→ Number of Days in Year = 365
146 Days = 146/365 = 2/5 = 0.4 Years
SI = P * R * T /100
→ P = 2000
→ R = 6 %
→ T = 0.4
→ SI = 2000 * 6 * 0.4 /100
= 48
Rs 48
→ Interest on Rs 2000 at the rate of simple interest of 6% per annum from 1st January to 26th May, 2005 = Rs 48
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