Find the simple interest on Rs. 4700 for 5 years at 9% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: B. Rs. 2115.
- A. Rs. 2231
Why not A: “Rs. 2231” is not Rs. 2115.
- B. Rs. 2115 ✓
- C. Rs. 2392
Why not C: “Rs. 2392” is not Rs. 2115.
- D. Rs. 2339
Why not D: “Rs. 2339” is not Rs. 2115.
Correct answer
B. Rs. 2115
Explanation
Rs. 2115 (option B) is the accepted answer to “Find the simple interest on Rs. 4700 for 5 years at 9% per annum.”. Option A (Rs. 2231) is a different value from Rs. 2115. Option C (Rs. 2392) is a different value from Rs. 2115. Option D (Rs. 2339) is a different value from Rs. 2115. Keep Rs. 2115 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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