Find the simple interest on Rs. 13900 for 5 years at 7% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: D. Rs. 4865.
- A. Rs. 5531
Why not A: “Rs. 5531” is not Rs. 4865.
- B. Rs. 5332
Why not B: “Rs. 5332” is not Rs. 4865.
- C. Rs. 5325
Why not C: “Rs. 5325” is not Rs. 4865.
- D. Rs. 4865 ✓
Correct answer
D. Rs. 4865
Explanation
Rs. 4865 (option D) is the accepted answer to “Find the simple interest on Rs. 13900 for 5 years at 7% per annum.”. Option A (Rs. 5531) is a different value from Rs. 4865. Option B (Rs. 5332) is a different value from Rs. 4865. Option C (Rs. 5325) is a different value from Rs. 4865. Keep Rs. 4865 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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