Find the simple interest on Rs. 17800 for 2 years at 2% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: D. Rs. 712.
- A. Rs. 875
Why not A: “Rs. 875” is not Rs. 712.
- B. Rs. 632
Why not B: “Rs. 632” is not Rs. 712.
- C. Rs. 620
Why not C: “Rs. 620” is not Rs. 712.
- D. Rs. 712 ✓
Correct answer
D. Rs. 712
Explanation
Rs. 712 (option D) is the accepted answer to “Find the simple interest on Rs. 17800 for 2 years at 2% per annum.”. Option A (Rs. 875) is a different value from Rs. 712. Option B (Rs. 632) is a different value from Rs. 712. Option C (Rs. 620) is a different value from Rs. 712. Keep Rs. 712 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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