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Find the SI on Rs 1800 from 21^(st) Feb....

Find the SI on Rs 1800 from `21^(st)` Feb. 2003 to `12^(th)` April 2003 at 7.3% rate per annum.

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To find the Simple Interest (SI) on Rs 1800 from 21st February 2003 to 12th April 2003 at a rate of 7.3% per annum, we can follow these steps: ### Step 1: Identify the Principal Amount (P) The principal amount (P) is given as Rs 1800. ### Step 2: Identify the Rate of Interest (R) The rate of interest (R) is given as 7.3% per annum. ### Step 3: Calculate the Time Period (T) We need to calculate the time period from 21st February 2003 to 12th April 2003. 1. **Days remaining in February**: - February has 28 days in 2003 (a non-leap year). - Days left in February = 28 - 21 = 7 days. 2. **Days in March**: - March has 31 days. - Days in March = 31 days. 3. **Days in April**: - From 1st April to 12th April = 12 days. 4. **Total Days**: - Total days = 7 (February) + 31 (March) + 12 (April) = 50 days. ### Step 4: Convert Days to Years To use the SI formula, we need to convert the time period from days to years. - Since 1 year = 365 days, we convert 50 days into years: \[ T = \frac{50}{365} \text{ years} \] ### Step 5: Use the Simple Interest Formula The formula for Simple Interest is: \[ SI = \frac{P \times R \times T}{100} \] Substituting the values: - P = 1800 - R = 7.3 - T = \frac{50}{365} So, \[ SI = \frac{1800 \times 7.3 \times \frac{50}{365}}{100} \] ### Step 6: Calculate the Simple Interest 1. Calculate \(1800 \times 7.3 = 13140\). 2. Now, calculate: \[ SI = \frac{13140 \times 50}{36500} \] 3. Simplifying: \[ SI = \frac{657000}{36500} = 18 \] ### Final Answer The Simple Interest (SI) for the given period is Rs 18. ---
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