Q. What is the SI on ₹1500 for 300 days at 6% p.a? (Assume 1 year = 360 days)
✅ Correct Answer: (D)
₹75
Explanation: Time = 300/360 = 5/6 years → SI = (1500 × 6 × 5/6) / 100 = 75.
Explanation by: Mr. Dubey
Time = 300/360 = 5/6 years → SI = (1500 × 6 × 5/6) / 100 = 75.