Find the simple interest on Rs. 16900 for 5 years at 6% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: C. Rs. 5070.
- A. Rs. 6059
Why not A: “Rs. 6059” is not Rs. 5070.
- B. Rs. 4675
Why not B: “Rs. 4675” is not Rs. 5070.
- C. Rs. 5070 ✓
- D. Rs. 4177
Why not D: “Rs. 4177” is not Rs. 5070.
Correct answer
C. Rs. 5070
Explanation
Rs. 5070 (option C) is the accepted answer to “Find the simple interest on Rs. 16900 for 5 years at 6% per annum.”. Option A (Rs. 6059) is a different value from Rs. 5070. Option B (Rs. 4675) is a different value from Rs. 5070. Option D (Rs. 4177) is a different value from Rs. 5070. Keep Rs. 5070 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. 12700 amount to Rs. 15240 in 2 years at simple interest?
- In how many years will Rs. 6500 double itself at 6% simple interest per annum?
- Find the simple interest on Rs. 17850 for 5 years at 11% per annum.
- Find the simple interest on Rs. 13450 for 3 years at 4% per annum.
- In how many years will Rs. 7850 double itself at 6% simple interest per annum?
- At what rate percent will Rs. 3950 amount to Rs. 4424 in 3 years at simple interest?