Find the simple interest on Rs. 18450 for 6 years at 4% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: A. Rs. 4428.
- A. Rs. 4428 ✓
- B. Rs. 4112
Why not B: “Rs. 4112” is not Rs. 4428.
- C. Rs. 3562
Why not C: “Rs. 3562” is not Rs. 4428.
- D. Rs. 3798
Why not D: “Rs. 3798” is not Rs. 4428.
Correct answer
A. Rs. 4428
Explanation
Rs. 4428 (option A) is the accepted answer to “Find the simple interest on Rs. 18450 for 6 years at 4% per annum.”. Option B (Rs. 4112) is a different value from Rs. 4428. Option C (Rs. 3562) is a different value from Rs. 4428. Option D (Rs. 3798) is a different value from Rs. 4428. Keep Rs. 4428 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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