Find the simple interest on Rs. 12000 for 1 years at 10% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: C. Rs. 1200.
- A. Rs. 1332
Why not A: “Rs. 1332” is not Rs. 1200.
- B. Rs. 1085
Why not B: “Rs. 1085” is not Rs. 1200.
- C. Rs. 1200 ✓
- D. Rs. 1136
Why not D: “Rs. 1136” is not Rs. 1200.
Correct answer
C. Rs. 1200
Explanation
Rs. 1200 (option C) is the accepted answer to “Find the simple interest on Rs. 12000 for 1 years at 10% per annum.”. Option A (Rs. 1332) is a different value from Rs. 1200. Option B (Rs. 1085) is a different value from Rs. 1200. Option D (Rs. 1136) is a different value from Rs. 1200. Keep Rs. 1200 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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