Find the simple interest on Rs. 13000 for 2 years at 7% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: A. Rs. 1820.
- A. Rs. 1820 ✓
- B. Rs. 1556
Why not B: “Rs. 1556” is not Rs. 1820.
- C. Rs. 1630
Why not C: “Rs. 1630” is not Rs. 1820.
- D. Rs. 1609
Why not D: “Rs. 1609” is not Rs. 1820.
Correct answer
A. Rs. 1820
Explanation
Rs. 1820 (option A) is the accepted answer to “Find the simple interest on Rs. 13000 for 2 years at 7% per annum.”. Option B (Rs. 1556) is a different value from Rs. 1820. Option C (Rs. 1630) is a different value from Rs. 1820. Option D (Rs. 1609) is a different value from Rs. 1820. Keep Rs. 1820 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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