Find the simple interest on Rs. 8500 for 1 years at 9% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: B. Rs. 765.
- A. Rs. 662
Why not A: “Rs. 662” is not Rs. 765.
- B. Rs. 765 ✓
- C. Rs. 714
Why not C: “Rs. 714” is not Rs. 765.
- D. Rs. 696
Why not D: “Rs. 696” is not Rs. 765.
Correct answer
B. Rs. 765
Explanation
Rs. 765 (option B) is the accepted answer to “Find the simple interest on Rs. 8500 for 1 years at 9% per annum.”. Option A (Rs. 662) is a different value from Rs. 765. Option C (Rs. 714) is a different value from Rs. 765. Option D (Rs. 696) is a different value from Rs. 765. Keep Rs. 765 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. 5650 amount to Rs. 6780 in 5 years at simple interest?
- In how many years will Rs. 6400 double itself at 5% simple interest per annum?
- Find the simple interest on Rs. 5350 for 2 years at 2% per annum.
- Find the simple interest on Rs. 9950 for 1 years at 12% per annum.
- In how many years will Rs. 650 double itself at 12% simple interest per annum?
- At what rate percent will Rs. 13250 amount to Rs. 17490 in 4 years at simple interest?