Find the simple interest on Rs. 12500 for 4 years at 3% per annum.
Difficulty: Easy
About this MCQ
This Easy interest Mcqs question asks: Find the simple interest on Rs. 12500 for 4 years at 3% per annum. The correct choice is C. Rs. 1500. Read the options below, commit to one, then use the explanation to see why that choice holds and why the others do not.
interest Mcqs items like this one are written for Pakistan exams such as CSS, FPSC, PPSC, and NTS. The difficulty label is a hint about how much of the topic the stem assumes, not a score. Tags and exam names, when they are present, tell you where else the same idea is tested. Previous and next links stay in interest Mcqs so you can continue the subject. Related questions point at nearby stems if you want another angle on the same idea.
Treat the explanation as part of the question, not a footnote. If you missed it, reread the stem against the correct option before you open the next interest Mcqs item. A timed quiz is the same pool with a clock and a score. A past paper is a full sitting rather than this single question.
- A. Rs. 1351
Why not A: “Rs. 1351” is not Rs. 1500.
- B. Rs. 1183
Why not B: “Rs. 1183” is not Rs. 1500.
- C. Rs. 1500 ✓
- D. Rs. 1653
Why not D: “Rs. 1653” is not Rs. 1500.
Correct answer
C. Rs. 1500
Explanation
Rs. 1500 (option C) is the accepted answer to “Find the simple interest on Rs. 12500 for 4 years at 3% per annum.”. Option A (Rs. 1351) is a different value from Rs. 1500. Option B (Rs. 1183) is a different value from Rs. 1500. Option D (Rs. 1653) is a different value from Rs. 1500. Keep Rs. 1500 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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