Find the simple interest on Rs. 7150 for 1 years at 11% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: B. Rs. 786.
- A. Rs. 606
Why not A: “Rs. 606” is not Rs. 786.
- B. Rs. 786 ✓
- C. Rs. 916
Why not C: “Rs. 916” is not Rs. 786.
- D. Rs. 837
Why not D: “Rs. 837” is not Rs. 786.
Correct answer
B. Rs. 786
Explanation
Rs. 786 (option B) is the accepted answer to “Find the simple interest on Rs. 7150 for 1 years at 11% per annum.”. Option A (Rs. 606) is a different value from Rs. 786. Option C (Rs. 916) is a different value from Rs. 786. Option D (Rs. 837) is a different value from Rs. 786. Keep Rs. 786 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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