Find the simple interest on Rs. 8750 for 5 years at 11% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: D. Rs. 4812.
- A. Rs. 4209
Why not A: “Rs. 4209” is not Rs. 4812.
- B. Rs. 5975
Why not B: “Rs. 5975” is not Rs. 4812.
- C. Rs. 5828
Why not C: “Rs. 5828” is not Rs. 4812.
- D. Rs. 4812 ✓
Correct answer
D. Rs. 4812
Explanation
Rs. 4812 (option D) is the accepted answer to “Find the simple interest on Rs. 8750 for 5 years at 11% per annum.”. Option A (Rs. 4209) is a different value from Rs. 4812. Option B (Rs. 5975) is a different value from Rs. 4812. Option C (Rs. 5828) is a different value from Rs. 4812. Keep Rs. 4812 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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