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  1. Find the interest on ₹ 1460 at 10% from 5th February, 1992 to 25th April, 1992.
    1. ₹ 32
    2. ₹ 36
    3. ₹ 40
    4. ₹ 34
Correct Option: A

Given that , P = ₹ 1460
R = 10%
1992 is a leap year .
∴ T = (24 + 31 + 25) days = 80 days.
As we know that ,

I =
PRD
36500

I =
1460 × 10 × 80
36500

I = ₹ 32.
Note : We have excluded 5th February but included 25th



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