Find the **simple interest** (in ₹) on ₹2000 at an interest rate of 6.5\% per annum for the period from **14 February 2023** to **28 April 2023**.

Question

Accepted Answer

**Solution:**

1. **Calculate the total number of days for the interest period:**
   - From 14 February 2023 to 28 February 2023:
     $$28 - 14 = 14 	ext{ days}$$
   - Full month of March 2023:
     $$31 	ext{ days}$$
   - From 1 April 2023 to 28 April 2023:
     $$28 	ext{ days}$$

2. **Total number of days:**
   $$14 + 31 + 28 = 73 	ext{ days}$$

3. **Convert days into years:**
   $$	ext{Time} = \frac{73}{365} 	ext{ years}$$

4. **Apply the simple interest formula:**
   $$	ext{Simple Interest} = \frac{	ext{Principal} 	imes 	ext{Rate} 	imes 	ext{Time}}{100}$$

Substitute the values:
   $$= \frac{2000 	imes 6.5 	imes \frac{73}{365}}{100}$$

5. **Calculate:**
   $$= \frac{2000 	imes 6.5 	imes 73}{100 	imes 365}$$
   $$= \frac{949000}{36500} \approx 26.00$$

**Answer:** ₹26

Answer

Answer

Answer