Find the simple interest on Rs. 5400 for 4 years at 10% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: C. Rs. 2160.
- A. Rs. 2396
Why not A: “Rs. 2396” is not Rs. 2160.
- B. Rs. 2443
Why not B: “Rs. 2443” is not Rs. 2160.
- C. Rs. 2160 ✓
- D. Rs. 2351
Why not D: “Rs. 2351” is not Rs. 2160.
Correct answer
C. Rs. 2160
Explanation
Rs. 2160 (option C) is the accepted answer to “Find the simple interest on Rs. 5400 for 4 years at 10% per annum.”. Option A (Rs. 2396) is a different value from Rs. 2160. Option B (Rs. 2443) is a different value from Rs. 2160. Option D (Rs. 2351) is a different value from Rs. 2160. Keep Rs. 2160 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. 3800 amount to Rs. 4408 in 4 years at simple interest?
- Find the simple interest on Rs. 11450 for 5 years at 5% per annum.
- Find the simple interest on Rs. 2800 for 2 years at 9% per annum.
- At what rate percent will Rs. 10800 amount to Rs. 13500 in 5 years at simple interest?
- In how many years will Rs. 2600 double itself at 10% simple interest per annum?
- In how many years will Rs. 8450 double itself at 4% simple interest per annum?