Find the simple interest on Rs. 4500 for 2 years at 11% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: D. Rs. 990.
- A. Rs. 831
Why not A: “Rs. 831” is not Rs. 990.
- B. Rs. 875
Why not B: “Rs. 875” is not Rs. 990.
- C. Rs. 843
Why not C: “Rs. 843” is not Rs. 990.
- D. Rs. 990 ✓
Correct answer
D. Rs. 990
Explanation
Rs. 990 (option D) is the accepted answer to “Find the simple interest on Rs. 4500 for 2 years at 11% per annum.”. Option A (Rs. 831) is a different value from Rs. 990. Option B (Rs. 875) is a different value from Rs. 990. Option C (Rs. 843) is a different value from Rs. 990. Keep Rs. 990 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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