Find the simple interest on Rs. 2800 for 2 years at 9% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: B. Rs. 504.
- A. Rs. 605
Why not A: “Rs. 605” is not Rs. 504.
- B. Rs. 504 ✓
- C. Rs. 447
Why not C: “Rs. 447” is not Rs. 504.
- D. Rs. 459
Why not D: “Rs. 459” is not Rs. 504.
Correct answer
B. Rs. 504
Explanation
Rs. 504 (option B) is the accepted answer to “Find the simple interest on Rs. 2800 for 2 years at 9% per annum.”. Option A (Rs. 605) is a different value from Rs. 504. Option C (Rs. 447) is a different value from Rs. 504. Option D (Rs. 459) is a different value from Rs. 504. Keep Rs. 504 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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