Find the simple interest on Rs. 18850 for 3 years at 4% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: D. Rs. 2262.
- A. Rs. 2628
Why not A: “Rs. 2628” is not Rs. 2262.
- B. Rs. 2415
Why not B: “Rs. 2415” is not Rs. 2262.
- C. Rs. 1702
Why not C: “Rs. 1702” is not Rs. 2262.
- D. Rs. 2262 ✓
Correct answer
D. Rs. 2262
Explanation
Rs. 2262 (option D) is the accepted answer to “Find the simple interest on Rs. 18850 for 3 years at 4% per annum.”. Option A (Rs. 2628) is a different value from Rs. 2262. Option B (Rs. 2415) is a different value from Rs. 2262. Option C (Rs. 1702) is a different value from Rs. 2262. Keep Rs. 2262 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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