Find the simple interest on Rs. 5200 for 6 years at 2% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: C. Rs. 624.
- A. Rs. 561
Why not A: “Rs. 561” is not Rs. 624.
- B. Rs. 735
Why not B: “Rs. 735” is not Rs. 624.
- C. Rs. 624 ✓
- D. Rs. 570
Why not D: “Rs. 570” is not Rs. 624.
Correct answer
C. Rs. 624
Explanation
Rs. 624 (option C) is the accepted answer to “Find the simple interest on Rs. 5200 for 6 years at 2% per annum.”. Option A (Rs. 561) is a different value from Rs. 624. Option B (Rs. 735) is a different value from Rs. 624. Option D (Rs. 570) is a different value from Rs. 624. Keep Rs. 624 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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