Find the simple interest on Rs. 19550 for 6 years at 4% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: C. Rs. 4692.
- A. Rs. 5140
Why not A: “Rs. 5140” is not Rs. 4692.
- B. Rs. 5675
Why not B: “Rs. 5675” is not Rs. 4692.
- C. Rs. 4692 ✓
- D. Rs. 5699
Why not D: “Rs. 5699” is not Rs. 4692.
Correct answer
C. Rs. 4692
Explanation
Rs. 4692 (option C) is the accepted answer to “Find the simple interest on Rs. 19550 for 6 years at 4% per annum.”. Option A (Rs. 5140) is a different value from Rs. 4692. Option B (Rs. 5675) is a different value from Rs. 4692. Option D (Rs. 5699) is a different value from Rs. 4692. Keep Rs. 4692 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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