What is the simple interest on ₹4,840 at 6% per annum for 10 years?

₹6,840 ₹8,462 ₹2,904 ₹3,540

₹2,904

We know , Simple Interest = \(\frac{Principal ×Rate × Time }{100}\) = \(\frac{4840 × 6 × 10 }{100}\) = Rs. 2904