Find the simple interest on Rs. 14550 for 5 years at 4% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: B. Rs. 2910.
- A. Rs. 2590
Why not A: “Rs. 2590” is not Rs. 2910.
- B. Rs. 2910 ✓
- C. Rs. 2431
Why not C: “Rs. 2431” is not Rs. 2910.
- D. Rs. 2439
Why not D: “Rs. 2439” is not Rs. 2910.
Correct answer
B. Rs. 2910
Explanation
Rs. 2910 (option B) is the accepted answer to “Find the simple interest on Rs. 14550 for 5 years at 4% per annum.”. Option A (Rs. 2590) is a different value from Rs. 2910. Option C (Rs. 2431) is a different value from Rs. 2910. Option D (Rs. 2439) is a different value from Rs. 2910. Keep Rs. 2910 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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