Q. What is the simple interest on ₹4,000 at 5% per annum for 3 years?
✅ Correct Answer: (C)
₹600
Explanation: SI = (4000 × 5 × 3) / 100 = 600.
Explanation by: Ankit Singh
SI = (4000 × 5 × 3) / 100 = 600.