Find the simple interest on Rs. 1200 for 4 years at 9% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: C. Rs. 432.
- A. Rs. 483
Why not A: “Rs. 483” is not Rs. 432.
- B. Rs. 344
Why not B: “Rs. 344” is not Rs. 432.
- C. Rs. 432 ✓
- D. Rs. 508
Why not D: “Rs. 508” is not Rs. 432.
Correct answer
C. Rs. 432
Explanation
Rs. 432 (option C) is the accepted answer to “Find the simple interest on Rs. 1200 for 4 years at 9% per annum.”. Option A (Rs. 483) is a different value from Rs. 432. Option B (Rs. 344) is a different value from Rs. 432. Option D (Rs. 508) is a different value from Rs. 432. Keep Rs. 432 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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