Find the simple interest on Rs. 12450 for 4 years at 5% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: B. Rs. 2490.
- A. Rs. 2132
Why not A: “Rs. 2132” is not Rs. 2490.
- B. Rs. 2490 ✓
- C. Rs. 2304
Why not C: “Rs. 2304” is not Rs. 2490.
- D. Rs. 2926
Why not D: “Rs. 2926” is not Rs. 2490.
Correct answer
B. Rs. 2490
Explanation
Rs. 2490 (option B) is the accepted answer to “Find the simple interest on Rs. 12450 for 4 years at 5% per annum.”. Option A (Rs. 2132) is a different value from Rs. 2490. Option C (Rs. 2304) is a different value from Rs. 2490. Option D (Rs. 2926) is a different value from Rs. 2490. Keep Rs. 2490 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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