Find the simple interest on Rs. 13450 for 3 years at 4% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: D. Rs. 1614.
- A. Rs. 1999
Why not A: “Rs. 1999” is not Rs. 1614.
- B. Rs. 1252
Why not B: “Rs. 1252” is not Rs. 1614.
- C. Rs. 1757
Why not C: “Rs. 1757” is not Rs. 1614.
- D. Rs. 1614 ✓
Correct answer
D. Rs. 1614
Explanation
Rs. 1614 (option D) is the accepted answer to “Find the simple interest on Rs. 13450 for 3 years at 4% per annum.”. Option A (Rs. 1999) is a different value from Rs. 1614. Option B (Rs. 1252) is a different value from Rs. 1614. Option C (Rs. 1757) is a different value from Rs. 1614. Keep Rs. 1614 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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