Find the simple interest on Rs. 5350 for 2 years at 2% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: C. Rs. 214.
- A. Rs. 172
Why not A: “Rs. 172” is not Rs. 214.
- B. Rs. 233
Why not B: “Rs. 233” is not Rs. 214.
- C. Rs. 214 ✓
- D. Rs. 168
Why not D: “Rs. 168” is not Rs. 214.
Correct answer
C. Rs. 214
Explanation
Rs. 214 (option C) is the accepted answer to “Find the simple interest on Rs. 5350 for 2 years at 2% per annum.”. Option A (Rs. 172) is a different value from Rs. 214. Option B (Rs. 233) is a different value from Rs. 214. Option D (Rs. 168) is a different value from Rs. 214. Keep Rs. 214 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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