Q. How many years will it take for Rs. 600 to earn Rs. 90 as simple interest at 3% per annum?
✅ Correct Answer: (B)
5 years
Explanation: T = SI×100/(P×R) = 90×100/(600×3) = 9000/1800 = 5 years. Other choices don't match the division.
Explanation by: Mr. Dubey
T = SI×100/(P×R) = 90×100/(600×3) = 9000/1800 = 5 years. Other choices don't match the division.