Find the simple interest on Rs. 5200 for 3 years at 11% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: B. Rs. 1716.
- A. Rs. 1896
Why not A: “Rs. 1896” is not Rs. 1716.
- B. Rs. 1716 ✓
- C. Rs. 1815
Why not C: “Rs. 1815” is not Rs. 1716.
- D. Rs. 2002
Why not D: “Rs. 2002” is not Rs. 1716.
Correct answer
B. Rs. 1716
Explanation
Rs. 1716 (option B) is the accepted answer to “Find the simple interest on Rs. 5200 for 3 years at 11% per annum.”. Option A (Rs. 1896) is a different value from Rs. 1716. Option C (Rs. 1815) is a different value from Rs. 1716. Option D (Rs. 2002) is a different value from Rs. 1716. Keep Rs. 1716 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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