The simple interest on Rs. 5000 at 6% per annum for some years is Rs. 1800. Find the number of years.
Show answer & explanation
Correct answer: C
Explanation
P=₹5000
R = 6%
SI = ₹1800
SI = (P × R × T) / 100
1800 = (5000 × 6 × T)/100
1800 = 300T
T = 6 years