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The simple interest on at the rate of per annum from 12-02-2022 to 11-02-2023 is :

  1. A
  2. B
  3. C
  4. D

Solution & Step-by-step Explanation

Step 1: Calculate the exact time period
The period is from 12-02-2022 to 11-02-2023.
Since 2022 is a non-leap year (28 days in February), let's count the number of days:

* Feb 2022: (excluding Feb 12, or including one endpoint)
Alternatively, from 12-02-2022 to 11-02-2023 is exactly (consisting of as 2022 is not a leap year and 2023 is also not a leap year).
Let's verify by total days:
* Feb 2022: (from 13th to 28th)
* Mar 2022:
* Apr 2022:
* May 2022:
* Jun 2022:
* Jul 2022:
* Aug 2022:
* Sep 2022:
* Oct 2022:
* Nov 2022:
* Dec 2022:
* Jan 2023:
* Feb 2023: (up to 11th)

Total days = .
Therefore, Time () = .

Step 2: Calculate Simple Interest
Given: Principal () = , Rate () = , Time () = .



Practice this question

Try it yourself before checking the explanation above.

The simple interest on at the rate of per annum from 12-02-2022 to 11-02-2023 is :
A
B
C
D

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