Question

rupees 5000 at 8% per year for 23rd December 2011 to 29th July 2012

Answer 1

Simple Interest:

P = 5000 ; R=8%;

T=" 23rd December 2011" to  "29th July 2012"

= Just counting the number of days coming in this range, we get 220 days.

And converting it to years, 220/365

PTR/100 = (5000 * 220*8) / ( 365*100) = 241

SI is Rs. 241.

Answer 2

if it is a leaf year 29 days are counted in the month of February.

please mark me as the branliest ‍!!!