Find the simple interest on Rs. 7500 for 5 years at 11% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: B. Rs. 4125.
- A. Rs. 3256
Why not A: “Rs. 3256” is not Rs. 4125.
- B. Rs. 4125 ✓
- C. Rs. 4719
Why not C: “Rs. 4719” is not Rs. 4125.
- D. Rs. 4644
Why not D: “Rs. 4644” is not Rs. 4125.
Correct answer
B. Rs. 4125
Explanation
Rs. 4125 (option B) is the accepted answer to “Find the simple interest on Rs. 7500 for 5 years at 11% per annum.”. Option A (Rs. 3256) is a different value from Rs. 4125. Option C (Rs. 4719) is a different value from Rs. 4125. Option D (Rs. 4644) is a different value from Rs. 4125. Keep Rs. 4125 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. 8600 amount to Rs. 12040 in 5 years at simple interest?
- In how many years will Rs. 6800 double itself at 6% simple interest per annum?
- Find the simple interest on Rs. 4950 for 1 years at 12% per annum.
- Find the simple interest on Rs. 3750 for 6 years at 10% per annum.
- In how many years will Rs. 2050 double itself at 8% simple interest per annum?
- At what rate percent will Rs. 11950 amount to Rs. 14340 in 2 years at simple interest?