Find the simple interest on Rs. 18050 for 3 years at 10% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: C. Rs. 5415.
- A. Rs. 6246
Why not A: “Rs. 6246” is not Rs. 5415.
- B. Rs. 6044
Why not B: “Rs. 6044” is not Rs. 5415.
- C. Rs. 5415 ✓
- D. Rs. 4545
Why not D: “Rs. 4545” is not Rs. 5415.
Correct answer
C. Rs. 5415
Explanation
Rs. 5415 (option C) is the accepted answer to “Find the simple interest on Rs. 18050 for 3 years at 10% per annum.”. Option A (Rs. 6246) is a different value from Rs. 5415. Option B (Rs. 6044) is a different value from Rs. 5415. Option D (Rs. 4545) is a different value from Rs. 5415. Keep Rs. 5415 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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