Find the simple interest on Rs. 19050 for 3 years at 3% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: D. Rs. 1714.
- A. Rs. 1555
Why not A: “Rs. 1555” is not Rs. 1714.
- B. Rs. 1881
Why not B: “Rs. 1881” is not Rs. 1714.
- C. Rs. 2058
Why not C: “Rs. 2058” is not Rs. 1714.
- D. Rs. 1714 ✓
Correct answer
D. Rs. 1714
Explanation
Rs. 1714 (option D) is the accepted answer to “Find the simple interest on Rs. 19050 for 3 years at 3% per annum.”. Option A (Rs. 1555) is a different value from Rs. 1714. Option B (Rs. 1881) is a different value from Rs. 1714. Option C (Rs. 2058) is a different value from Rs. 1714. Keep Rs. 1714 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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