Find the simple interest on Rs. 8750 for 1 years at 10% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: C. Rs. 875.
- A. Rs. 749
Why not A: “Rs. 749” is not Rs. 875.
- B. Rs. 1083
Why not B: “Rs. 1083” is not Rs. 875.
- C. Rs. 875 ✓
- D. Rs. 767
Why not D: “Rs. 767” is not Rs. 875.
Correct answer
C. Rs. 875
Explanation
Rs. 875 (option C) is the accepted answer to “Find the simple interest on Rs. 8750 for 1 years at 10% per annum.”. Option A (Rs. 749) is a different value from Rs. 875. Option B (Rs. 1083) is a different value from Rs. 875. Option D (Rs. 767) is a different value from Rs. 875. Keep Rs. 875 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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