Find the simple interest on Rs. 16750 for 4 years at 8% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: B. Rs. 5360.
- A. Rs. 4928
Why not A: “Rs. 4928” is not Rs. 5360.
- B. Rs. 5360 ✓
- C. Rs. 6444
Why not C: “Rs. 6444” is not Rs. 5360.
- D. Rs. 4409
Why not D: “Rs. 4409” is not Rs. 5360.
Correct answer
B. Rs. 5360
Explanation
Rs. 5360 (option B) is the accepted answer to “Find the simple interest on Rs. 16750 for 4 years at 8% per annum.”. Option A (Rs. 4928) is a different value from Rs. 5360. Option C (Rs. 6444) is a different value from Rs. 5360. Option D (Rs. 4409) is a different value from Rs. 5360. Keep Rs. 5360 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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