Find the simple interest on Rs. 14900 for 5 years at 6% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: D. Rs. 4470.
- A. Rs. 3582
Why not A: “Rs. 3582” is not Rs. 4470.
- B. Rs. 4917
Why not B: “Rs. 4917” is not Rs. 4470.
- C. Rs. 4874
Why not C: “Rs. 4874” is not Rs. 4470.
- D. Rs. 4470 ✓
Correct answer
D. Rs. 4470
Explanation
Rs. 4470 (option D) is the accepted answer to “Find the simple interest on Rs. 14900 for 5 years at 6% per annum.”. Option A (Rs. 3582) is a different value from Rs. 4470. Option B (Rs. 4917) is a different value from Rs. 4470. Option C (Rs. 4874) is a different value from Rs. 4470. Keep Rs. 4470 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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