Find the simple interest on Rs. 9050 for 2 years at 2% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: C. Rs. 362.
- A. Rs. 312
Why not A: “Rs. 312” is not Rs. 362.
- B. Rs. 425
Why not B: “Rs. 425” is not Rs. 362.
- C. Rs. 362 ✓
- D. Rs. 302
Why not D: “Rs. 302” is not Rs. 362.
Correct answer
C. Rs. 362
Explanation
Rs. 362 (option C) is the accepted answer to “Find the simple interest on Rs. 9050 for 2 years at 2% per annum.”. Option A (Rs. 312) is a different value from Rs. 362. Option B (Rs. 425) is a different value from Rs. 362. Option D (Rs. 302) is a different value from Rs. 362. Keep Rs. 362 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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