Find the simple interest on Rs. 12900 for 3 years at 4% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: B. Rs. 1548.
- A. Rs. 1250
Why not A: “Rs. 1250” is not Rs. 1548.
- B. Rs. 1548 ✓
- C. Rs. 1840
Why not C: “Rs. 1840” is not Rs. 1548.
- D. Rs. 1282
Why not D: “Rs. 1282” is not Rs. 1548.
Correct answer
B. Rs. 1548
Explanation
Rs. 1548 (option B) is the accepted answer to “Find the simple interest on Rs. 12900 for 3 years at 4% per annum.”. Option A (Rs. 1250) is a different value from Rs. 1548. Option C (Rs. 1840) is a different value from Rs. 1548. Option D (Rs. 1282) is a different value from Rs. 1548. Keep Rs. 1548 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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