Find the simple interest on Rs. 12000 for 6 years at 6% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: B. Rs. 4320.
- A. Rs. 4733
Why not A: “Rs. 4733” is not Rs. 4320.
- B. Rs. 4320 ✓
- C. Rs. 3988
Why not C: “Rs. 3988” is not Rs. 4320.
- D. Rs. 5379
Why not D: “Rs. 5379” is not Rs. 4320.
Correct answer
B. Rs. 4320
Explanation
Rs. 4320 (option B) is the accepted answer to “Find the simple interest on Rs. 12000 for 6 years at 6% per annum.”. Option A (Rs. 4733) is a different value from Rs. 4320. Option C (Rs. 3988) is a different value from Rs. 4320. Option D (Rs. 5379) is a different value from Rs. 4320. Keep Rs. 4320 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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