Find the simple interest on Rs. 17850 for 5 years at 11% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: A. Rs. 9818.
- A. Rs. 9818 ✓
- B. Rs. 11417
Why not B: “Rs. 11417” is not Rs. 9818.
- C. Rs. 12157
Why not C: “Rs. 12157” is not Rs. 9818.
- D. Rs. 11241
Why not D: “Rs. 11241” is not Rs. 9818.
Correct answer
A. Rs. 9818
Explanation
Rs. 9818 (option A) is the accepted answer to “Find the simple interest on Rs. 17850 for 5 years at 11% per annum.”. Option B (Rs. 11417) is a different value from Rs. 9818. Option C (Rs. 12157) is a different value from Rs. 9818. Option D (Rs. 11241) is a different value from Rs. 9818. Keep Rs. 9818 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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