Find the simple interest on Rs. 1850 for 2 years at 12% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: A. Rs. 444.
- A. Rs. 444 ✓
- B. Rs. 539
Why not B: “Rs. 539” is not Rs. 444.
- C. Rs. 362
Why not C: “Rs. 362” is not Rs. 444.
- D. Rs. 345
Why not D: “Rs. 345” is not Rs. 444.
Correct answer
A. Rs. 444
Explanation
Rs. 444 (option A) is the accepted answer to “Find the simple interest on Rs. 1850 for 2 years at 12% per annum.”. Option B (Rs. 539) is a different value from Rs. 444. Option C (Rs. 362) is a different value from Rs. 444. Option D (Rs. 345) is a different value from Rs. 444. Keep Rs. 444 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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