At what rate percent will Rs. 8200 amount to Rs. 11152 in 4 years at simple interest?
Difficulty: Medium
About this MCQ
Medium interest Mcqs item. Correct choice: C. 9%.
- A. 7%
Why not A: “7%” is not 9%.
- B. 10%
Why not B: “10%” is not 9%.
- C. 9% ✓
- D. 11%
Why not D: “11%” is not 9%.
Correct answer
C. 9%
Explanation
9% (option C) is the accepted answer to “At what rate percent will Rs. 8200 amount to Rs. 11152 in 4 years at simple interest”. Option A (7%) is a different value from 9%. Option B (10%) is a different value from 9%. Option D (11%) is a different value from 9%. Keep 9% as the interest Mcqs fact for this stem.
Source: FPSC/NTS Generated Practice Set
Tags: FPSC, NTS, Interest
Submitted by: MCQsHub Editorial
Related MCQs
- In how many years will Rs. 4800 double itself at 12% simple interest per annum?
- Find the simple interest on Rs. 3100 for 5 years at 3% per annum.
- At what rate percent will Rs. 700 amount to Rs. 812 in 4 years at simple interest?
- At what rate percent will Rs. 13350 amount to Rs. 17088 in 4 years at simple interest?
- Find the simple interest on Rs. 11550 for 4 years at 10% per annum.
- In how many years will Rs. 3250 double itself at 10% simple interest per annum?