Q. Rohit borrowed ₹6000 for 5 years and paid ₹2400 as simple interest. Find the rate.

(A) 6%
(B) 7%
(C) 8%
(D) 9%

✅ Correct Answer: (C) 8%

Explanation: SI = (6000 × R × 5) / 100 → 2400 = 300R → R = 8%.

Published by Mr. Dubey ⭐ 104.94K Points at 06-Dec-2025 09:38 am in Math

Explanation by: Mr. Dubey

SI = (6000 × R × 5) / 100 → 2400 = 300R → R = 8%.

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