Find the simple interest on Rs. 4600 for 1 years at 5% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: D. Rs. 230.
- A. Rs. 174
Why not A: “Rs. 174” is not Rs. 230.
- B. Rs. 253
Why not B: “Rs. 253” is not Rs. 230.
- C. Rs. 256
Why not C: “Rs. 256” is not Rs. 230.
- D. Rs. 230 ✓
Correct answer
D. Rs. 230
Explanation
Rs. 230 (option D) is the accepted answer to “Find the simple interest on Rs. 4600 for 1 years at 5% per annum.”. Option A (Rs. 174) is a different value from Rs. 230. Option B (Rs. 253) is a different value from Rs. 230. Option C (Rs. 256) is a different value from Rs. 230. Keep Rs. 230 as the interest Mcqs fact for this stem.
Source: FPSC/NTS Generated Practice Set
Tags: FPSC, NTS, Interest
Submitted by: MCQsHub Editorial
Related MCQs
- At what rate percent will Rs. 1750 amount to Rs. 2065 in 3 years at simple interest?
- In how many years will Rs. 9800 double itself at 4% simple interest per annum?
- Find the simple interest on Rs. 16400 for 3 years at 5% per annum.
- Find the simple interest on Rs. 14900 for 5 years at 6% per annum.
- In how many years will Rs. 2100 double itself at 10% simple interest per annum?
- At what rate percent will Rs. 14850 amount to Rs. 18860 in 3 years at simple interest?