Find the simple interest on Rs. 18550 for 1 years at 11% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: D. Rs. 2040.
- A. Rs. 1665
Why not A: “Rs. 1665” is not Rs. 2040.
- B. Rs. 2515
Why not B: “Rs. 2515” is not Rs. 2040.
- C. Rs. 2449
Why not C: “Rs. 2449” is not Rs. 2040.
- D. Rs. 2040 ✓
Correct answer
D. Rs. 2040
Explanation
Rs. 2040 (option D) is the accepted answer to “Find the simple interest on Rs. 18550 for 1 years at 11% per annum.”. Option A (Rs. 1665) is a different value from Rs. 2040. Option B (Rs. 2515) is a different value from Rs. 2040. Option C (Rs. 2449) is a different value from Rs. 2040. Keep Rs. 2040 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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