Find the simple interest on Rs. 12550 for 3 years at 6% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: C. Rs. 2259.
- A. Rs. 1694
Why not A: “Rs. 1694” is not Rs. 2259.
- B. Rs. 2086
Why not B: “Rs. 2086” is not Rs. 2259.
- C. Rs. 2259 ✓
- D. Rs. 2776
Why not D: “Rs. 2776” is not Rs. 2259.
Correct answer
C. Rs. 2259
Explanation
Rs. 2259 (option C) is the accepted answer to “Find the simple interest on Rs. 12550 for 3 years at 6% per annum.”. Option A (Rs. 1694) is a different value from Rs. 2259. Option B (Rs. 2086) is a different value from Rs. 2259. Option D (Rs. 2776) is a different value from Rs. 2259. Keep Rs. 2259 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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