Find the simple interest on Rs. 15900 for 4 years at 11% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: C. Rs. 6996.
- A. Rs. 5417
Why not A: “Rs. 5417” is not Rs. 6996.
- B. Rs. 8084
Why not B: “Rs. 8084” is not Rs. 6996.
- C. Rs. 6996 ✓
- D. Rs. 5552
Why not D: “Rs. 5552” is not Rs. 6996.
Correct answer
C. Rs. 6996
Explanation
Rs. 6996 (option C) is the accepted answer to “Find the simple interest on Rs. 15900 for 4 years at 11% per annum.”. Option A (Rs. 5417) is a different value from Rs. 6996. Option B (Rs. 8084) is a different value from Rs. 6996. Option D (Rs. 5552) is a different value from Rs. 6996. Keep Rs. 6996 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. 2950 amount to Rs. 3982 in 5 years at simple interest?
- In how many years will Rs. 8850 double itself at 10% simple interest per annum?
- Find the simple interest on Rs. 10600 for 1 years at 2% per annum.
- Find the simple interest on Rs. 2350 for 4 years at 3% per annum.
- In how many years will Rs. 9500 double itself at 8% simple interest per annum?
- At what rate percent will Rs. 12050 amount to Rs. 14942 in 4 years at simple interest?