Q. Simple interest on Rs. 5000 for 1.5 years is Rs. 450. What is the annual rate?

(A) 4%
(B) 5%
(C) 6%
(D) 7%

✅ Correct Answer: (C) 6%

Explanation: R = 450×100/(5000×1.5) = 6%.

Published by Mr. Dubey ⭐ 111.54K Points at 06-Dec-2025 09:32 am in Math

Explanation by: Mr. Dubey

R = 450×100/(5000×1.5) = 6%.

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