Find the simple interest on Rs. 12250 for 5 years at 6% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: A. Rs. 3675.
- A. Rs. 3675 ✓
- B. Rs. 3302
Why not B: “Rs. 3302” is not Rs. 3675.
- C. Rs. 2891
Why not C: “Rs. 2891” is not Rs. 3675.
- D. Rs. 4363
Why not D: “Rs. 4363” is not Rs. 3675.
Correct answer
A. Rs. 3675
Explanation
Rs. 3675 (option A) is the accepted answer to “Find the simple interest on Rs. 12250 for 5 years at 6% per annum.”. Option B (Rs. 3302) is a different value from Rs. 3675. Option C (Rs. 2891) is a different value from Rs. 3675. Option D (Rs. 4363) is a different value from Rs. 3675. Keep Rs. 3675 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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