Find the simple interest on Rs. 15300 for 6 years at 6% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: B. Rs. 5508.
- A. Rs. 5075
Why not A: “Rs. 5075” is not Rs. 5508.
- B. Rs. 5508 ✓
- C. Rs. 5203
Why not C: “Rs. 5203” is not Rs. 5508.
- D. Rs. 4792
Why not D: “Rs. 4792” is not Rs. 5508.
Correct answer
B. Rs. 5508
Explanation
Rs. 5508 (option B) is the accepted answer to “Find the simple interest on Rs. 15300 for 6 years at 6% per annum.”. Option A (Rs. 5075) is a different value from Rs. 5508. Option C (Rs. 5203) is a different value from Rs. 5508. Option D (Rs. 4792) is a different value from Rs. 5508. Keep Rs. 5508 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. 6300 amount to Rs. 9324 in 4 years at simple interest?
- In how many years will Rs. 9200 double itself at 4% simple interest per annum?
- Find the simple interest on Rs. 11000 for 5 years at 8% per annum.
- Find the simple interest on Rs. 4250 for 1 years at 2% per annum.
- In how many years will Rs. 5500 double itself at 6% simple interest per annum?
- At what rate percent will Rs. 12300 amount to Rs. 13407 in 3 years at simple interest?