Find the simple interest on Rs. 16550 for 2 years at 12% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: A. Rs. 3972.
- A. Rs. 3972 ✓
- B. Rs. 4322
Why not B: “Rs. 4322” is not Rs. 3972.
- C. Rs. 4760
Why not C: “Rs. 4760” is not Rs. 3972.
- D. Rs. 4606
Why not D: “Rs. 4606” is not Rs. 3972.
Correct answer
A. Rs. 3972
Explanation
Rs. 3972 (option A) is the accepted answer to “Find the simple interest on Rs. 16550 for 2 years at 12% per annum.”. Option B (Rs. 4322) is a different value from Rs. 3972. Option C (Rs. 4760) is a different value from Rs. 3972. Option D (Rs. 4606) is a different value from Rs. 3972. Keep Rs. 3972 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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