Find the simple interest on Rs. 15200 for 4 years at 7% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: D. Rs. 4256.
- A. Rs. 3561
Why not A: “Rs. 3561” is not Rs. 4256.
- B. Rs. 3833
Why not B: “Rs. 3833” is not Rs. 4256.
- C. Rs. 3744
Why not C: “Rs. 3744” is not Rs. 4256.
- D. Rs. 4256 ✓
Correct answer
D. Rs. 4256
Explanation
Rs. 4256 (option D) is the accepted answer to “Find the simple interest on Rs. 15200 for 4 years at 7% per annum.”. Option A (Rs. 3561) is a different value from Rs. 4256. Option B (Rs. 3833) is a different value from Rs. 4256. Option C (Rs. 3744) is a different value from Rs. 4256. Keep Rs. 4256 as the interest Mcqs fact for this stem.
Source: FPSC/NTS Generated Practice Set
Tags: FPSC, NTS, Interest
Submitted by: MCQsHub Editorial
Related MCQs
- At what rate percent will Rs. 700 amount to Rs. 868 in 3 years at simple interest?
- In how many years will Rs. 6200 double itself at 6% simple interest per annum?
- Find the simple interest on Rs. 1450 for 3 years at 3% per annum.
- Find the simple interest on Rs. 12500 for 4 years at 3% per annum.
- In how many years will Rs. 1150 double itself at 10% simple interest per annum?
- At what rate percent will Rs. 9700 amount to Rs. 10670 in 2 years at simple interest?