Find the simple interest on Rs. 7150 for 1 years at 8% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: A. Rs. 572.
- A. Rs. 572 ✓
- B. Rs. 468
Why not B: “Rs. 468” is not Rs. 572.
- C. Rs. 523
Why not C: “Rs. 523” is not Rs. 572.
- D. Rs. 472
Why not D: “Rs. 472” is not Rs. 572.
Correct answer
A. Rs. 572
Explanation
Rs. 572 (option A) is the accepted answer to “Find the simple interest on Rs. 7150 for 1 years at 8% per annum.”. Option B (Rs. 468) is a different value from Rs. 572. Option C (Rs. 523) is a different value from Rs. 572. Option D (Rs. 472) is a different value from Rs. 572. Keep Rs. 572 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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