general math MCQ #953

The simple interest on Rs.500 at 6% per annum from May 3rd to July 15th in the same year is_________?

general math MCQ #953

  1. Question 1

    Q1. The simple interest on Rs.500 at 6% per annum from May 3rd to July 15th in the same year is_________?

    • A) Rs0.80
    • B) Rs0.60
    • C) Rs0.40
    • D) Rs0.90

    Answer: Rs0.60

    Explanation: May 3 to July 15 spans 73 days; SI = 500 × 6/100 × 73/365 = Rs. 6.