Find the simple interest on Rs. 10050 for 4 years at 3% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: D. Rs. 1206.
- A. Rs. 984
Why not A: “Rs. 984” is not Rs. 1206.
- B. Rs. 1137
Why not B: “Rs. 1137” is not Rs. 1206.
- C. Rs. 1025
Why not C: “Rs. 1025” is not Rs. 1206.
- D. Rs. 1206 ✓
Correct answer
D. Rs. 1206
Explanation
Rs. 1206 (option D) is the accepted answer to “Find the simple interest on Rs. 10050 for 4 years at 3% per annum.”. Option A (Rs. 984) is a different value from Rs. 1206. Option B (Rs. 1137) is a different value from Rs. 1206. Option C (Rs. 1025) is a different value from Rs. 1206. Keep Rs. 1206 as the interest Mcqs fact for this stem.
Source: FPSC/NTS Generated Practice Set
Tags: FPSC, NTS, Interest
Submitted by: MCQsHub Editorial
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