Find the simple interest on Rs. 16900 for 4 years at 11% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: D. Rs. 7436.
- A. Rs. 6266
Why not A: “Rs. 6266” is not Rs. 7436.
- B. Rs. 5605
Why not B: “Rs. 5605” is not Rs. 7436.
- C. Rs. 9115
Why not C: “Rs. 9115” is not Rs. 7436.
- D. Rs. 7436 ✓
Correct answer
D. Rs. 7436
Explanation
Rs. 7436 (option D) is the accepted answer to “Find the simple interest on Rs. 16900 for 4 years at 11% per annum.”. Option A (Rs. 6266) is a different value from Rs. 7436. Option B (Rs. 5605) is a different value from Rs. 7436. Option C (Rs. 9115) is a different value from Rs. 7436. Keep Rs. 7436 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. 13450 amount to Rs. 16812 in 5 years at simple interest?
- Find the simple interest on Rs. 10850 for 5 years at 4% per annum.
- Find the simple interest on Rs. 14950 for 3 years at 8% per annum.
- At what rate percent will Rs. 3350 amount to Rs. 3652 in 3 years at simple interest?
- At what rate percent will Rs. 3950 amount to Rs. 4424 in 3 years at simple interest?
- In how many years will Rs. 2550 double itself at 10% simple interest per annum?