Find the simple interest on Rs. 14300 for 2 years at 6% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: D. Rs. 1716.
- A. Rs. 1570
Why not A: “Rs. 1570” is not Rs. 1716.
- B. Rs. 1513
Why not B: “Rs. 1513” is not Rs. 1716.
- C. Rs. 1937
Why not C: “Rs. 1937” is not Rs. 1716.
- D. Rs. 1716 ✓
Correct answer
D. Rs. 1716
Explanation
Rs. 1716 (option D) is the accepted answer to “Find the simple interest on Rs. 14300 for 2 years at 6% per annum.”. Option A (Rs. 1570) is a different value from Rs. 1716. Option B (Rs. 1513) is a different value from Rs. 1716. Option C (Rs. 1937) is a different value from Rs. 1716. Keep Rs. 1716 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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