At what rate percent will Rs. 4350 amount to Rs. 6090 in 4 years at simple interest?
Difficulty: Medium
About this MCQ
Medium interest Mcqs item. Correct choice: C. 10%.
- A. 8%
Why not A: “8%” is not 10%.
- B. 9%
Why not B: “9%” is not 10%.
- C. 10% ✓
- D. 11%
Why not D: “11%” is not 10%.
Correct answer
C. 10%
Explanation
10% (option C) is the accepted answer to “At what rate percent will Rs. 4350 amount to Rs. 6090 in 4 years at simple interest”. Option A (8%) is a different value from 10%. Option B (9%) is a different value from 10%. Option D (11%) is a different value from 10%. Keep 10% as the interest Mcqs fact for this stem.
Source: FPSC/NTS Generated Practice Set
Tags: FPSC, NTS, Interest
Submitted by: MCQsHub Editorial
Related MCQs
- At what rate percent will Rs. 14100 amount to Rs. 20445 in 5 years at simple interest?
- Find the simple interest on Rs. 8350 for 1 years at 5% per annum.
- Find the simple interest on Rs. 19500 for 4 years at 7% per annum.
- At what rate percent will Rs. 8700 amount to Rs. 10527 in 3 years at simple interest?
- At what rate percent will Rs. 8700 amount to Rs. 10440 in 2 years at simple interest?
- In how many years will Rs. 9500 double itself at 8% simple interest per annum?