Answer:
B
Step-by-step explanation:
Average Number of days in year = [(3×365)+ 366]÷4
= 365.25 days per year
If there are 365.25 days in a year,
1 day will be 1/365.25 of a year
Therefore, 219 days will be
219/365.25 of a year
Simple Interest = Principal × Interest Rate× Time
= (5000 × 8 × 219)÷(100×365.25)
= 240
