At what rate percent will Rs. 8250 amount to Rs. 11550 in 4 years at simple interest?
Difficulty: Medium
About this MCQ
Medium interest Mcqs item. Correct choice: D. 10%.
- A. 12%
Why not A: “12%” is not 10%.
- B. 8%
Why not B: “8%” is not 10%.
- C. 11%
Why not C: “11%” is not 10%.
- D. 10% ✓
Correct answer
D. 10%
Explanation
10% (option D) is the accepted answer to “At what rate percent will Rs. 8250 amount to Rs. 11550 in 4 years at simple interest”. Option A (12%) is a different value from 10%. Option B (8%) is a different value from 10%. Option C (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. 8500 amount to Rs. 10540 in 2 years at simple interest?
- Find the simple interest on Rs. 14150 for 3 years at 9% per annum.
- Find the simple interest on Rs. 3050 for 2 years at 12% per annum.
- At what rate percent will Rs. 12200 amount to Rs. 18056 in 4 years at simple interest?
- In how many years will Rs. 4850 double itself at 4% simple interest per annum?
- Find the simple interest on Rs. 18150 for 1 years at 11% per annum.