Find the simple interest on Rs. 4300 for 6 years at 12% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: C. Rs. 3096.
- A. Rs. 3645
Why not A: “Rs. 3645” is not Rs. 3096.
- B. Rs. 3851
Why not B: “Rs. 3851” is not Rs. 3096.
- C. Rs. 3096 ✓
- D. Rs. 2809
Why not D: “Rs. 2809” is not Rs. 3096.
Correct answer
C. Rs. 3096
Explanation
Rs. 3096 (option C) is the accepted answer to “Find the simple interest on Rs. 4300 for 6 years at 12% per annum.”. Option A (Rs. 3645) is a different value from Rs. 3096. Option B (Rs. 3851) is a different value from Rs. 3096. Option D (Rs. 2809) is a different value from Rs. 3096. Keep Rs. 3096 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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