Find the simple interest on Rs. 19300 for 1 years at 12% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: D. Rs. 2316.
- A. Rs. 2614
Why not A: “Rs. 2614” is not Rs. 2316.
- B. Rs. 1813
Why not B: “Rs. 1813” is not Rs. 2316.
- C. Rs. 2842
Why not C: “Rs. 2842” is not Rs. 2316.
- D. Rs. 2316 ✓
Correct answer
D. Rs. 2316
Explanation
Rs. 2316 (option D) is the accepted answer to “Find the simple interest on Rs. 19300 for 1 years at 12% per annum.”. Option A (Rs. 2614) is a different value from Rs. 2316. Option B (Rs. 1813) is a different value from Rs. 2316. Option C (Rs. 2842) is a different value from Rs. 2316. Keep Rs. 2316 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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