Find the simple interest on Rs. 15350 for 4 years at 3% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: D. Rs. 1842.
- A. Rs. 2177
Why not A: “Rs. 2177” is not Rs. 1842.
- B. Rs. 1710
Why not B: “Rs. 1710” is not Rs. 1842.
- C. Rs. 2114
Why not C: “Rs. 2114” is not Rs. 1842.
- D. Rs. 1842 ✓
Correct answer
D. Rs. 1842
Explanation
Rs. 1842 (option D) is the accepted answer to “Find the simple interest on Rs. 15350 for 4 years at 3% per annum.”. Option A (Rs. 2177) is a different value from Rs. 1842. Option B (Rs. 1710) is a different value from Rs. 1842. Option C (Rs. 2114) is a different value from Rs. 1842. Keep Rs. 1842 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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