Find the simple interest on ₹2,000 at 8.25% per annum for the period from 7 February 2022 to 20 April 2022.

Explanation

Given: Principal (P) = ₹2,000 Rate of Interest (R) = 8.25% per annum Time (T) = Number of days from 7 February 2022 to 20 April 2022 Step 1: Calculate the Time Period in Days From 7 February 2022 to 28 February 2022 = 21 days March 2022 = 31 days From 1 April 2022 to 20 April 2022 = 20 days Total days = 21 + 31 + 20 = 72 days Step 2: Convert Days to Years Since the rate is per annum, we need to convert days to years: T = 72 / 365 ≈ 0.1973 years Step 3: Calculate Simple Interest Now, substitute the values into the formula: SI = (2000 × 8.25 × 0.1973) / 100 SI = (3250.5 × 0.1973) / 100 SI = 32.11 ≈ ₹33 Answer: The simple interest on ₹2,000 at 8.25% per annum for the period from 7 February 2022 to 20 April 2022 is approximately ₹33.