Find the simple interest on Rs. 1650 for 3 years at 12% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: A. Rs. 594.
- A. Rs. 594 ✓
- B. Rs. 737
Why not B: “Rs. 737” is not Rs. 594.
- C. Rs. 551
Why not C: “Rs. 551” is not Rs. 594.
- D. Rs. 711
Why not D: “Rs. 711” is not Rs. 594.
Correct answer
A. Rs. 594
Explanation
Rs. 594 (option A) is the accepted answer to “Find the simple interest on Rs. 1650 for 3 years at 12% per annum.”. Option B (Rs. 737) is a different value from Rs. 594. Option C (Rs. 551) is a different value from Rs. 594. Option D (Rs. 711) is a different value from Rs. 594. Keep Rs. 594 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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