Find the simple interest on Rs. 13200 for 1 years at 8% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: A. Rs. 1056.
- A. Rs. 1056 ✓
- B. Rs. 1258
Why not B: “Rs. 1258” is not Rs. 1056.
- C. Rs. 983
Why not C: “Rs. 983” is not Rs. 1056.
- D. Rs. 1300
Why not D: “Rs. 1300” is not Rs. 1056.
Correct answer
A. Rs. 1056
Explanation
Rs. 1056 (option A) is the accepted answer to “Find the simple interest on Rs. 13200 for 1 years at 8% per annum.”. Option B (Rs. 1258) is a different value from Rs. 1056. Option C (Rs. 983) is a different value from Rs. 1056. Option D (Rs. 1300) is a different value from Rs. 1056. Keep Rs. 1056 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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