Q. How many years will it take for Rs. 600 to earn Rs. 90 as simple interest at 3% per annum?

  • (A) 4 years
  • (B) 5 years
  • (C) 6 years
  • (D) 3 years
βœ… 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.

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