Find the simple interest on Rs. 17900 for 2 years at 8% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: B. Rs. 2864.
- A. Rs. 2710
Why not A: “Rs. 2710” is not Rs. 2864.
- B. Rs. 2864 ✓
- C. Rs. 3331
Why not C: “Rs. 3331” is not Rs. 2864.
- D. Rs. 3010
Why not D: “Rs. 3010” is not Rs. 2864.
Correct answer
B. Rs. 2864
Explanation
Rs. 2864 (option B) is the accepted answer to “Find the simple interest on Rs. 17900 for 2 years at 8% per annum.”. Option A (Rs. 2710) is a different value from Rs. 2864. Option C (Rs. 3331) is a different value from Rs. 2864. Option D (Rs. 3010) is a different value from Rs. 2864. Keep Rs. 2864 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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