When is it better to use a base class instead of interfaces?

Short answer: When you want to share code or fields across derived classes. When common behavior is needed along with enforced methods.

Real-world example (ShopNest)

ShopNest has a base PaymentMethod with virtual decimal Fee(). UpiPayment and CardPayment override the fee logic without changing the checkout caller.

Say this in the interview

1. Define — one clear sentence (the short answer above).
2. Example — relate it to a project like ShopNest or your real work.
3. Trade-off — when you would not use it.