Q. What will be the rate of interest if ₹3000 becomes ₹3540 in 3 years?
✅ Correct Answer: (C)
6%
Explanation: SI = 3540 - 3000 = 540 → R = (540 × 100) / (3000 × 3) = 6%.
Explanation by: Mr. Dubey
SI = 3540 - 3000 = 540 → R = (540 × 100) / (3000 × 3) = 6%.