Q. Simple interest on ₹6000 for 3 years is ₹1080. What is the rate of interest?

  • (A) 4%
  • (B) 5%
  • (C) 6%
  • (D) 8%
✅ Correct Answer: (C) 6%
Explanation: SI = (P × R × T) / 100 → 1080 = (6000 × R × 3)/100 → R = (1080 × 100) / 18000 = 6%.

Published by Mr. Dubey ⭐ 111.54K Points at 06-Dec-2025 09:37 am in Math

Explanation by: Mr. Dubey
SI = (P × R × T) / 100 → 1080 = (6000 × R × 3)/100 → R = (1080 × 100) / 18000 = 6%.

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